09-02-2024 11:42 AM | Source: Kedia Advisory
Buy Gold Apr @ 62250 SL 62050 TGT 62500-62650. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 62020-62770.
Gold dropped as U.S. labor market remains relatively unchanged from last week.
Fed's Barkin says he's cautious about accuracy of recent economic data U.S.
central bankers want to hold off on cutting interest rates until they have more confidence that inflation is headed down to 2%
The first month of 2024 saw a continuation of 2023’s outflows from gold ETFs
BUY GOLD APR @ 62250 SL 62050 TGT 62500-62650. MCX
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