2024-11-26 09:44:03 am | Source: Kedia Advisory
Buy Gold Dec @ 75150 SL 74950 TGT 75400-75600. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 73995-77655.
Gold fell after Donald Trump's nominated hedge fund manager Scott Bessent to lead the U.S. Treasury.
CNN: Israel's PM Netanyahu approves Lebanon ceasefire deal in principle
Investors await the Fed's November meeting minutes and PCE inflation data to assess the outlook for US interest rates.
Markets currently see a 56% chance of another 25bps cut in December, compared to 62% last week.
BUY GOLD DEC @ 75150 SL 74950 TGT 75400-75600. MCX.
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