19-01-2024 01:10 PM | Source: Kedia Advisory
Buy Gold Feb @ 61500 SL 61300 TGT 61850-62100. MCX5 -kedia-advisory
Gold:
Observations:
Gold trading range for the day is 61365-62005.
Gold edged higher due to a weaker U.S. dollar and amid the Middle East conflict
Investors are waiting for comments from a Fed official to understand the future trajectory of interest rates
U.S. economic activity showed little or no change, with mixed pricing pressures and signs of a cooling labor market.
ECB believes inflation is on target but sees risks that warrant steady policy and high borrowing costs.
BUY GOLD FEB @ 61500 SL 61300 TGT 61850-62100. MCX
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