Buy Gold DEC @ 149000 SL 148000 TGT 150500-151500. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 149000 SL 148000 TGT 150500-151500. MCX
Observations
Gold trading range for the day is 148335-150575.
Gold gained as investors assessed the minutes of the Fed’s September meeting for clues on its interest rate trajectory.
Policymakers divided over rate hike logic in Sept - Fed minutes
Number of vessels transiting Strait of Hormuz falls to lowest in over two months
Delegates at LBMA forecast that gold could reach $5,013 an ounce over the next 12 months.
