Buy Gold AUG @ 145500 SL 144500 TGT 147000-148000. MCX - Kedia Advisory
GOLD
BUY GOLD AUG @ 145500 SL 144500 TGT 147000-148000. MCX
Observations
Gold trading range for the day is 145605-148165.
Gold prices retreated pressured by a firmer U.S. dollar, though losses were limited.
Data showed U.S. job growth slowed sharply in June and payroll gains for the prior two months were revised lower.
JPMorgan said demand for gold would not be as strong as it had expected, limiting the rise in gold prices this year.
Physical gold demand in India eased after a modest pick-up earlier in the week.
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