Gold trading range for the day is 59140-60190- Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 59140-60190
Gold dropped as investors assess the outlook for monetary policy.
The latest data showed weekly claims fell to a two-month low, indicating robust demand for workers
Gold continues to play an active role in central banks' foreign reserves – WGC
Qatar Central Bank increased its official gold reserves by 1.6 tonnes in June, the first increase since October 2022.
SELL GOLD Aug 2023 @ 59700 SL 59900 TGT 59400-59200. MCX
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