05-01-2024 11:53 AM | Source: Kedia Advisory
Buy GOLD FEB @ 62450 SL 62250 TGT 62700-62850. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 62300-62990. Gold gains as geopolitical tensions outweighed uncertainty about rate cuts Fed officials expressed uncertainty about the economy's readiness for rate cuts 64.8% chance of a quarter-point rate cut at the following meeting in March China's net gold imports via Hong Kong rose 37% in November from October

BUY GOLD FEB @ 62450 SL 62250 TGT 62700-62850. MCX

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