22-08-2024 09:57 AM | Source: Kedia Advisory
Buy Gold Oct @ 71600 SL 71400 TGT 71900-72150. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 71170-72430.

Gold steadied as investors awaited the latest FOMC minutes

Federal Reserve officials considered reducing interest rates but decided to wait.

Geopolitical uncertainties and substantial global ETF inflows continued to support the bullish trend in gold.

Commerzbank sees gold prices consolidating around $2,500 by year

BUY GOLD OCT @ 71600 SL 71400 TGT 71900-72150. MCX

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