02-05-2024 11:50 AM | Source: Kedia Advisory
Buy Gold Jun @ 70600 SL 70400 TGT 70850-71000. MCX - Kedia Advisory
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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