Sell Gold Jun 2023 @ 61600 SL 61900 TGT 61150-60900. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 60710-61820
Gold gains as investors awaited an update on the debt ceiling and inflation data
The NFIB Small Business Optimism Index in the United States fell to 89 in April of 2023, the lowest since January of 2013
The upcoming CPI report is expected to show a 0.4% increase in consumer prices in the US in April after a 0.1% gain in March.
This week will also see the release of figures on producer prices, weekly jobless claims, and consumer sentiment.
SELL GOLD Jun 2023 @ 61600 SL 61900 TGT 61150-60900. MCX
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