04-06-2024 11:34 AM | Source: Kedia Advisory
Buy Gold Aug @ 72000 SL 71800 TGT 72300-72500. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 70855-73075.
Gold gains as signs of cooling U.S. inflation lifted hopes for interest rate cuts from Fed.
Slowdown in US econ data to lift gold prices
Focus this week on US payrolls data due on Friday
The European Central Bank is seen almost certain to trim rates by a quarter point to 3.75%
BUY GOLD AUG @ 72000 SL 71800 TGT 72300-72500. MCX
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