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2025-03-10 11:43:07 am | Source: Kedia Advisory
Buy Gold APR @ 85600 SL 85300 TGT 86000-86250. MCX - Kedia Advisory
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.

 

 

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