Buy Gold JUN @ 71800 SL 71500 TGT 72200-72400. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 71195-72535.
Gold ticked up as investors assessed diminishing bets of U.S. interest rate cuts.
Federal Reserve officials indicated that it would likely take longer than anticipated for inflation to fall to 2%.
China's April net gold imports via Hong Kong down 38% from March
Gold demand in India slightly improved after prices corrected from a record high
BUY GOLD JUN @ 71800 SL 71500 TGT 72200-72400. MCX
