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Buy Gold DEC @ 59900 SL 59700 TGT 60150-60300. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 59635-60635.
Gold fell with a firmer dollar and a recovery in U.S. Treasury yields denting demand
Fed’s Waller said that Q3 U.S. GDP growth was a "blowout" performance that warrants a very close eye when thinking about policy going forward.
Minneapolis Fed President Neil Kashkari said the Fed might still have some work to do to control inflation.
Odds for another US interest rate hike at the December meeting rose from 10% to 15%.
BUY GOLD DEC @ 59900 SL 59700 TGT 60150-60300. MCX
