12-01-2024 12:23 PM | Source: Kedia Advisory
Buy Gold FEB @ 61600 SL 61400 TGT 61900-6210. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 61255-62745.
Gold pared gains due to a rebound in dollar and strong economic data from US.
Inflation rates in the US exceeded expectations, with the annual rate rising to 3.4% in December.
Traders pare bets Fed will cut rates in March after inflation data
India discount drops to $11/oz this week from $16 last week
BUY GOLD FEB @ 61600 SL 61400 TGT 61900-6210. MCX
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