10-09-2024 10:20 AM | Source: Kedia Advisory
Buy Gold Oct @ 71500 SL 71300 TGT 71800-72000. MCX - Kedia Advisory
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GOLD
Observation
Gold trading range for the day is 70910-72060.
Gold remained in range as the dollar ticked higher, while investors looked towards this week's U.S. inflation data.
U.S. employment increased less than expected in August
Fed Governor Christopher Waller said he could support back-to-back cuts, or bigger cuts, if the data suggests the need.
People's Bank of China held back on buying gold for its reserves for a fourth straight month in August
BUY GOLD OCT @ 71500 SL 71300 TGT 71800-72000. MCX
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