26-04-2024 10:15 AM | Source: Kedia Advisory
Buy Gold Jun @ 71100 SL 70900 TGT 71350-71500. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 70190-72090.
Gold steadied after a hotter-than-expected US inflation reading for the first quarter
Data showed that GDP increased at a 1.6% annualized rate in the last quarter
The U.S. rate futures market has priced in a 56.7% chance of a rate cut in September, down from 70%
China's March net gold imports via Hong Kong up 40% from Feb
BUY GOLD JUN @ 71100 SL 70900 TGT 71350-71500. MCX
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