Buy Gold Jun @ 72100 SL 71900 TGT 72350-72500. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 71650-72660.
Gold gains as dollar index fell slightly as traders digest fresh PPI data
Producer prices rose much more than expected in April, but the March reading was revised sharply lower
Americans last month braced for generally higher inflation pressures over the next few years and accelerating home price increases.
Gold production in South Africa fell by 4.5% year-on-year in March 2024, marking the fifth month of decline
BUY GOLD JUN @ 72100 SL 71900 TGT 72350-72500. MCX
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