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25-04-2024 11:03 AM | Source: Kedia Advisory
Buy Gold Jun @ 70800 SL 70600 TGT 71200-71400. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 69805-71825.

Gold stabilized as investors continued to evaluate the Fed's monetary policy outlook

Durable goods orders slightly beat expectations in March

US PMI data pointed to a slowing growth in the country's private sector.

Gold also faced challenge from the diversion to riskier investments since tensions dissipated in the Middle East.

BUY GOLD JUN @ 70800 SL 70600 TGT 71200-71400. MCX

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