Sell Gold Apr 2023 @ 57100 SL 57300 TGT 56850-56700. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 56370-57490
Gold regained betting on firm safe-haven demand as recession risks linger and with expectations of smaller U.S. interest rate hikes.
Concerns over a slowdown remain, and this is likely to keep demand for gold, considered a safe store of value during uncertain times, on a firm footing this year
Data showed U.S. job growth accelerated sharply last month
Venezuela central bank's gold reserves sink 13% in 2022 MCX Gold JUN-APR 294
SELL GOLD Apr 2023 @ 57100 SL 57300 TGT 56850-56700. MCX
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