Buy Gold DEC @ 61100 SL 60900 TGT 61350-61500. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 60575-61685.
Gold gains as the market gets support from disappointing home sales data.
Existing home sales declined 4.1% to a seasonally adjusted and annualized rate 3.79 million units last month
Swiss gold exports hit 5 – month high on Indian festive demand
The US central bank is widely expected to keep rates unchanged again in December
BUY GOLD DEC @ 61100 SL 60900 TGT 61350-61500. MCX
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