Buy Gold Oct @ 68800 SL 68500 TGT 69200-69400. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 68280-69810.
Gold dropped as investors look for fresh cues, which could clarify whether the US enters a recession
Fed officials resisted the idea that weaker-than-expected July jobs data indicates a recessionary freefall, warning that the Fed will need to cut rates.
ANZ predicts gold will move towards $2,500 or beyond if upcoming economic data from the U.S. is weaker.
Vietnam’s gold demand hits highest level since 2014
BUY GOLD OCT @ 68800 SL 68500 TGT 69200-69400. MCX
