Buy Gold Dec @ 77500 SL 77300 TGT 77800-78000. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 77080-78170.
Gold reached a new record high driven by global demand for safe-haven assets and expectations of further interest rate cuts.
Gold prices found support from rising tensions in the Middle East
Physical gold dealers in India were forced to offer discounts, as record high prices dampened demand ahead of a key festival.
Swiss gold exports fall on lower supplies to India
BUY GOLD DEC @ 77500 SL 77300 TGT 77800-78000. MCX
