05-12-2023 10:06 AM | Source: Kedia Advisory
Sell Gold Jun 2023 @ 61200 SL 61500 TGT 60800-60600. MCX - Kedia Advisory
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Gold

Observations

Gold trading range for the day is 60390-61770

Gold eased as investors assessed inflation data from the U.S. and China.

The number of Americans filing new claims for jobless benefits jumped last week to the highest level since late 2021.

Gold ETF investment demand improved in April, but the market remains negative year-to-date Indian gold demand in the March quarter fell 17% to the lowest level in 10 quarters and is likely to remain subdued

SELL GOLD Jun 2023 @ 61200 SL 61500 TGT 60800-60600. MCX

 

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