29-09-2023 10:20 AM | Source: Kedia Advisory
Buy Gold DEC @ 57500 SL 57300 TGT 57800-58000 MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 57395-58535.
Gold dropped after U.S. economy grew, while consumers curtailed their spending more than expected
The final reading of second-quarter Gross Domestic Product showed that the economy expanded by 2.1%.
Pending home sales in the United States plummeted by 7.1% month-over-month in August 2023
Gold holdings at the SPDR Gold Trust fell 3.75 tonnes, the third decline in a row to a total of 872.77 tonnes.
BUY GOLD DEC @ 57500 SL 57300 TGT 57800-58000. MCX
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