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2024-12-11 09:38:06 am | Source: Kedia Advisory
Buy Gold Feb @ 78200 SL 78000 TGT 78500-78700. MCX - Kedia Advisory

Gold

Observations

Gold trading range for the day is 77095-78985.

Gold gains supported by China’s policy shift and geopolitical risks in the Middle East.

China's central bank added gold to its reserves for the first time in seven months, strengthening demand for the precious metal.

Geopolitical tensions in the Middle East, particularly the instability surrounding the Syrian government, provided additional support

China's ruling Politburo announced plans to loosen monetary policy for the first time in 14 years to stimulate the economy.

BUY GOLD FEB @ 78200 SL 78000 TGT 78500-78700. MCX

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