Buy Gold DEC @ 60500 SL 60300 TGT 60800-61000. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 60175-61015.
Gold prices edged lower weighed by a slight uptick in U.S. Treasury yields.
Fed vice chair for supervision Michael Barr said officials are likely at or near the end of their tightening campaign.
San Francisco Fed president Mary Daly said policymakers aren't certain inflation is on a path to their 2 percent target.
Traders now widely expect the Fed to leave rates unchanged at its Dec. 12-13 policy meeting, according to the CME FedWatch tool.
BUY GOLD DEC @ 60500 SL 60300 TGT 60800-61000. MCX
