Buy Gold OCT @ 58500 SL 58300 TGT 58800-59000. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 58255-58785.
Gold price faces selling pressure due to upbeat consumer spending momentum
US Monthly Retail Sales for August rose sharply by 0.6% in August against expectations of 0.2% and July's reading of 0.5%.
India's Gold imports surged about 40% in August on strong festive buying
India demand may drop this year to lowest since 2020, WGC says
BUY GOLD OCT @ 58500 SL 58300 TGT 58800-59000. MCX
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