Buy Gold OCT @ 58800 SL 58600 TGT 59100-59250. MCX - Kedia Advisory
Gold
Observation
Gold trading range for the day is 58465-59415.
Gold jumped helped by a weaker dollar and safe-haven buying
Further hopes around a likely pause in U.S. interest-rate hikes lent support.
China's physical gold premiums soared to a new high, amid strong demand.
Dealers in India were offering a discount of up to $8 an ounce over official domestic prices, versus discounts of $5 last week.
BUY GOLD OCT @ 58800 SL 58600 TGT 59100-59250. MCX