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06-09-2024 09:54 AM | Source: Kedia Advisory
Gold trading range for the day is 71100 -72530 - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 71100-72530.
Gold prices climb higher after ADP says private sector created 99K jobs in August
US Private-sector payroll processor ADP said that 99,000 jobs were created last month
Even as gold prices set new all-time highs, net purchases by central banks more than doubled to 37 tonnes in July
RBI increased its gold reserves by 5 tonnes in July, bringing net purchases of gold to 43 tonnes in 2024
BUY GOLD OCT @ 71700 SL 71500 TGT 72000-72200. MCX
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