06-10-2023 09:24 AM | Source: Kedia Advisory
Buy Gold DEC @ 56500 SL 56300 TGT 56800-57000. MCX - Kedia Advisory

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Gold

Observation

Gold trading range for the day is 56295-57055.

Gold steadied as investors continued to digest fresh US economic data.

Fed policymakers Bowman and Mester flagged the possibility of another rate hike this year

Fed Bostic warned that the funds rate will need to remain at the terminal level for longer.

The U.S. services sector slowed in September as new orders fell to a nine-month low

BUY GOLD DEC @ 56500 SL 56300 TGT 56800-57000. MCX


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