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04-09-2024 12:36 PM | Source: Kedia Advisory
Buy Gold Oct @ 71150 SL 70950 TGT 71400-71600. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 70615-72145.

Gold dropped as dollar index seen near to the highest level in about two weeks.

The ISM Manufacturing PMI, showed factory activity contracted for a fifth consecutive month.

Indian dealers widen discounts to $8/ounce, a six-week high Chinese dealers offered discounts between $1 and $10 per ounce on the international spot price

 

BUY GOLD OCT @ 71150 SL 70950 TGT 71400-71600. MCX

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