05-02-2024 09:37 AM | Source: Kedia Advisory
Sell Gold Apr @ 62700 SL 62900 TGT 62400-62200 MCX - Kedia Advisory
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Gold:
Observations
Gold trading range for the day is 62025-63265.
Gold dropped as the U.S. labor market continues to fire on all cylinders.
Higher wages are creating further disappointment for investors expecting Fed to cut rates in March.
U.S. nonfarm payrolls rose by 353,000 last month
Physical gold buying in India was slow as jewellers and retail consumers backed off due to higher prices
SELL GOLD APR @ 62700 SL 62900 TGT 62400-62200. MCX
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