29-02-2024 10:04 AM | Source: Kedia Advisory
Sell Gold Apr @ 62350 SL 62550 TGT 62100-61900. MCX - Kedia Advisory

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Gold

Observation

Gold trading range for the day is 61945-62515.

Gold steadied as investors continued to assess the Fed’s policy outlook.

Fed's Bowman says she will stay 'cautious' on monetary policy

U.S. consumer confidence retreated in February after three straight monthly increases

Commerzbank downgraded its gold 2024 price targets as the Fed cuts rates less aggressively.

SELL GOLD APR @ 62350 SL 62550 TGT 62100-61900. MCX

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