08-09-2023 11:55 AM | Source: Kedia Advisory
Gold trading range for the day is 59000-59600 -Kedia Advisory
GOLD
Observations
*Gold trading range for the day is 59000-59600
*Gold dropped as dollar gains after weak China trade data
*Fed's Bowman: more rate hikes may be needed
*Central banks become net gold buyers in June, ending three-month selling streak
*SPDR Gold ETF holdings down 0.3%
BUY GOLD Oct 2023 @ 59000 SL 58800 TGT 59400-59600. MCX
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