Buy Gold Aug @ 71600 SL 71400 TGT 71900-72100. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 71395-72055.
Gold prices edged up as U.S. Treasury yields eased
Investors awaited inflation reading due later this week that could influence Fed’s interest rate trajectory.
U.S. business activity crept up to a 26-month high in June but price pressures subsided considerably.
Euro zone business growth slowed sharply this month as demand fell for the first time since February.
BUY GOLD AUG @ 71600 SL 71400 TGT 71900-72100. MCX
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