19-08-2024 10:14 AM | Source: Kedia Advisory
Buy Gold Oct @ 71100 SL 70900 TGT 71400-71600. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 69850-72240.
Gold gains on growing optimism about a September U.S. rate cut
More Fed officials line up behind September rate cut
Several Chinese banks have been given new gold import quotas from the central bank
Gold dealers in India were forced to offer discounts as a recent price increase dampened retail purchases
BUY GOLD OCT @ 71100 SL 70900 TGT 71400-71600. MCX
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