24-01-2024 11:31 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 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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