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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 61585-62415
Gold steadied as investors await U.S. economic data and Fed’s meeting.
The Fed officials have stated that they need more inflation data before considering a rate cut.
The European Central Bank is expected to keep monetary policy steady.
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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