06-12-2023 11:34 AM | Source: Kedia Advisory
Sell Gold Aug 2023 @ 60000 SL 60200 TGT 59750-59600. MCX - Kedia Advisory
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Gold

Observation

Gold trading range for the day is 59500-60280

Gold steadied amid mixed expectations regarding Fed's monetary policy decision.

The number of Americans filing for unemployment benefits jumping to 261 thousand

Physical gold demand slowed in China and India and forced dealers to offer discounts

Gold ETF demand turns positive in May as investors look for safe-haven assets

SELL GOLD Aug 2023 @ 60000 SL 60200 TGT 59750-59600. MCX

 

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