25-01-2024 09:55 AM | Source: Kedia Advisory
Buy Gold Feb @ 61800 SL 61600 TGT 62100-62300. MCX -Kedia Advisory

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Gold:

Observations:

Gold trading range for the day is 61620-62440.

Gold gains as escalating geopolitical tensions in the Middle East offered some support. 

Traders might also refrain from placing aggressive directional bets ahead of this week's key US macro data.

Markets expect the US central bank will keep interest rates unchanged at the end of its policy meeting on January 30-31

The Indian government has increased the import duty on gold and silver

BUY GOLD FEB @ 61800 SL 61600 TGT 62100-62300. MCX

 

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