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11-07-2024 08:59 AM | Source: Kedia Advisory
Buy Gold Aug @ 72500 SL 72300 TGT 72800-73000. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 72245-73185.
Gold gains as the yield on the US 10-year Treasury edged lower to three-week lows
Investors continue to bet on two rate cuts this year, with the odds for a September reduction standing around 75%.
China halts gold purchases for the second month, while other central banks boost reserves
Global gold ETFs saw second month of inflows in June, says WGC
BUY GOLD AUG @ 72500 SL 72300 TGT 72800-73000. MCX
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