01-08-2024 09:52 AM | Source: Kedia Advisory
Buy Gold Oct @ 69500 SL 69200 TGT 69900-70200. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 69290-69880.
Gold rose driven by safe-haven demand amid fears of escalating conflict in the Middle East.
Federal Reserve signals first cut in September
U.S. private payrolls increased far less than expected in July
India's gold demand fell 5% in June 2024, but consumption is expected to improve in the second half of 2024
BUY GOLD OCT @ 69500 SL 69200 TGT 69900-70200. MCX
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