Buy Gold DEC @ 61000 SL 60800 TGT 61250-61450. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 60465-61615.
Gold prices climbed with rising Middle East tensions pushing up the demand
The core PCE prices rose in line with forecasts, while personal spending beat estimates, hurting the demand for a bullion.
Purchases of physical gold during a major festival in India improved, albeit at a slower pace compared to last year
China's Sept net gold imports via Hong Kong down 11% m/m
BUY GOLD DEC @ 61000 SL 60800 TGT 61250-61450. MCX
