Powered by: Motilal Oswal
2024-04-10 12:10:46 pm | Source: Kedia Advisory
Buy Gold Jun @ 71000 SL 70700 TGT 71400-71600. MCX - Kedia Advisory

Gold

Observations

Gold trading range for the day is 70605-72105.

Gold prices hit a record high on geopolitical worries and support from momentum-following funds

Geopolitical risks related to Russia/Ukraine and the Middle East are still playing a supporting role

China's central bank increased its gold holdings in March

The market is awaiting the Federal Reserve's policy meeting minutes and U.S. inflation data

BUY GOLD JUN @ 71000 SL 70700 TGT 71400-71600. MCX

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here