Buy Gold Dec @ 122500 SL 121500 TGT 123500-124500. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 122500 SL 121500 TGT 123500-124500. MCX
Observations
Gold trading range for the day is 121075-125445.
Gold gains as investors sought safe-haven assets ahead of the Federal Reserve’s meeting minutes.
Several Federal Reserve officials favored lowering the target range for the federal funds rate in October
The jobs report is anticipated to show the US economy added around 50,000 jobs in September.
The PBOC's sale of 120 billion yuan in 28-day deposits on November 24 could tighten liquidity, potentially boosting gold's safe-haven demand
