11-10-2023 10:44 AM | Source: Kedia Advisory
Buy Gold DEC @ 57400 SL 57200 TGT 57700-57900. MCX - Kedia Advisory

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Gold 

Observation

Gold trading range for the day is 57380-57870.

Gold steadied on more safe-haven buying as the Israel-Hamas war continues to unfold with very uncertain consequences.

Support also seen underpinned by a softer dollar and Treasury yields

The marketplace is keenly focused on the Middle East as Israel has declared war on Hamas.

The International Monetary Fund maintained its growth forecasts for the global economy in 2023 unchanged at 3%

BUY GOLD DEC @ 57400 SL 57200 TGT 57700-57900. MCX





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