BUY GOLD OCT @ 73300 SL 73100 TGT 73600-73800. MCX - Kedia Advisory
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GOLD
Observation
Gold trading range for the day is 73155-73925.
Gold settled slightly lower as investors awaited the Federal Reserve's monetary policy announcement.
Recent data also showed that US inflation is trending lower, though some stickiness remains.
Fed fund futures indicate that investors are increasingly betting the Federal Reserve will opt for a 50 basis point cut
In India, dealers offered a discount of up to $22, highest in nearly two months and up from last week's $13 discount.
BUY GOLD OCT @ 73300 SL 73100 TGT 73600-73800. MCX
