30-10-2024 09:59 AM | Source: Kedia Advisory
Buy Gold Dec @ 79000 SL 78800 TGT 79350-79550. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 78400-79700.
Gold rose aided by a softer U.S. dollar and U.S. election jitters.
The US trade deficit widened sharply to $108.2 billion in September of 2024 from the $94.2 billion gap in the earlier month.
US wholesale inventories fell by 0.1% month-over-month to $905 billion in September 2024
China's net gold imports via Hong Kong in September more than doubled from August.
BUY GOLD DEC @ 79000 SL 78800 TGT 79350-79550. MCX
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