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13-10-2023 10:12 AM | Source: Kedia Advisory
Buy Gold DEC @ 57750 SL 57550 TGT 58100-58280 MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 57655-58365.
Gold dropped as investors digested the latest economic data.
Fed officials had mixed opinions on the need for another interest rate hike according to the released minutes
Central banks worldwide increased their gold reserves for the third consecutive month in August
The People's Bank of China added 29 tonnes to its reserves, bringing its total gold holdings to 2,165 tonnes.
BUY GOLD DEC @ 57750 SL 57550 TGT 58100-58280. MCX
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