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17-10-2023 11:05 AM | Source: Kedia Advisory
Buy Gold DEC @ 59000 SL 58800 TGT 59250-58400. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 58710-59510.
Gold fell as traders continued to monitor the Israel-Hamas war and its impact on the global economy Data showed U.S. consumer prices increased in September.
Commerzbank year-end forecast for gold price has been lowered from $2,000 to $1,900 per troy ounce.
The physical gold market in India flipped to a discount as a rebound in domestic prices made buyers walk away
BUY GOLD DEC @ 59000 SL 58800 TGT 59250-58400. MCX
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