Buy Gold Jun @ 71400 SL 71200 TGT 71700-71900. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 70870-72070.
Gold gains amid lingering concerns about geopolitical tensions
Stronger-than-expected inflation print softened expectations of an early U.S. rate cut.
HSBC expects to see a wide trading range of $1,975-$2,500 for gold prices in 2024.
The Shanghai Futures Exchange said it will impose trading limits on its gold contracts, following a sharp price rally.
BUY GOLD JUN @ 71400 SL 71200 TGT 71700-71900. MCX
