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16-02-2024 10:06 AM | Source: Kedia Advisory
Buy Gold S @ 61450 SL 61250 TGT 61700-61850. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 61090-62010.
Gold gains after retail sales came in well below market expectations in January
U.S. retail sales fell by 0.8% last month following a revised increase of 0.4% from 0.6% in December
Hotter-than-expected inflation in January shows that US path back to 2% inflation "may be a bumpy one," Fed said.
Fed's Waller says post-pandemic response to inflation was 'not textbook'
BUY GOLD S @ 61450 SL 61250 TGT 61700-61850. MCX
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