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04-10-2023 10:55 AM | Source: Kedia Advisory
Buy Gold DEC @ 56700 SL 56500 TGT 57000-57200. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 56115-57835.
Gold dropped as dollar index extended gains to 107.2, its strongest level since November
Hawkish comments from Fed officials continue to strengthen the expectation
The JOLTS report showing a bigger-than-expected number of job openings last month
The ISM Manufacturing PMI indicated the smallest contraction in factory activity in nearly a year for September.
BUY GOLD DEC @ 56700 SL 56500 TGT 57000-57200. MCX
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