Buy Gold Jun @ 70600 SL 70400 TGT 70850-71000. MCX

2024-05-02 11:50:38 am | Source: Kedia Advisory

Buy Gold Jun @ 70600 SL 70400 TGT 70850-71000. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 70140-71210.

Gold gains as the dollar dipped after a flurry of U.S. economic data

Fed held its policy rate steady and announced it will slow its pace of quantitative tightening beginning June 1st.

India's gold demand in the March quarter rose 8% from a year ago - WGC

Global gold demand increased on an annual basis by 3% to 1,238 metric tons in the first quarter – WGC

BUY GOLD JUN @ 70600 SL 70400 TGT 70850-71000. MCX

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Buy Gold Jun @ 70600 SL 70400 TGT 70850-71000. MCX - Kedia Advisory

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