03-01-2025 10:22 AM | Source: Kedia Advisory
Buy Gold Feb @ 77500 SL 77300 TGT 77800-78000. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 76650-78340.
Gold gains as markets continued to assess the policy outlook for the Fed this year.
Still, uncertainty remains on whether the economy may drift into a backdrop that could warrant a higher magnitude of rate cuts.
China's November net gold imports from Hong Kong more than doubled from the prior month
China's central bank resumed buying gold for its reserves in November after a six-month pause.
BUY GOLD FEB @ 77500 SL 77300 TGT 77800-78000. MCX
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