Buy Gold APR @ 85600 SL 85300 TGT 86000-86250. MCX - Kedia Advisory

GOLD
BUY GOLD APR @ 85600 SL 85300 TGT 86000-86250. MCX
Observations
Gold trading range for the day is 85310-86640.
Gold dropped on profit booking after seen supported as investors reacted to weaker-than-expected jobs data.
The latest nonfarm payroll report showed the U.S. economy added 151,000 jobs in February.
China’s gold reserves went up for a fourth consecutive month in February to 73.61 million fine troy ounces.
Global physically-backed gold ETFs saw significant inflows in February, the strongest since March 2022.









