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15-09-2023 11:01 AM | Source: Kedia Advisory
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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