11-09-2024 12:14 PM | Source: Kedia Advisory
Buy Gold Oct @ 71800 SL 71600 TGT 72100-72300. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 71410-72250.

Gold prices held steady as market participants positioned themselves ahead of U.S. inflation data for further clues

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

A report showed U.S. employment increased less than expected in August

 

BUY GOLD OCT @ 71800 SL 71600 TGT 72100-72300. MCX

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