10-04-2024 12:10 PM | Source: Kedia Advisory
Buy Gold Jun @ 71000 SL 70700 TGT 71400-71600. MCX - Kedia Advisory
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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
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