Buy Gold Aug @ 68400 SL 68200 TGT 68700-68900. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 65545-74335.
Gold dropped as India slashed import duties on gold to 6% from 15%.
Existing home sales in the US fell by 5.4% from the previous month to a seasonally adjusted annualized rate of 3.89 million units in June
Markets are anticipating a 94% chance of a rate cut by the U.S. Federal Reserve in September
Investors awaited U.S. economic data later this week for more insights on the Federal Reserve's interest rate-cut plans.
BUY GOLD AUG @ 68400 SL 68200 TGT 68700-68900. MCX
