BUY GOLD DEC @ 76400 SL 76200 TGT 76750-76950. MCX

2024-10-17 09:43:26 am | Source: Kedia Advisory

BUY GOLD DEC @ 76400 SL 76200 TGT 76750-76950. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 76110-77170.

Gold prices extended gains driven by weaker equities andbond yields, while traders eagerly await U.S. economic data.

Fed’s Daly said the central bank remains on track for more cutsthis year as long as data meets expectations.

Delegates at the London Bullion Market Association's annualgathering predicted gold prices would rise to $2,941 over thenext 12 monthsChina's central bank held back on buying gold for a fifthstraight month in September.

BUY GOLD DEC @ 76400 SL 76200 TGT 76750-76950. MCX

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BUY GOLD DEC @ 76400 SL 76200 TGT 76750-76950. MCX - Kedia Advisory

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