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07-03-2024 10:57 AM | Source: Kedia Advisory
Sell Gold Apr @ 65000 SL 65300 TGT 64650-64500. MCX - Kedia Advisory
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Gold

Observations

* Gold trading range for the day is 64465-65605.

* Gold gains as Dollar weakens as February’s PMI figures cast doubts over the strong US economic outlook.

* US ADP Research Institute has reported lower private payrolls in February than market expectations.

* Central banks added 39 tonnes (t) to global gold reserves in January Gold reserves at the People’s Bank of China rose by 10t, the 15th consecutive month of additions.

SELL GOLD APR @ 65000 SL 65300 TGT 64650-64500. MCX

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MCX Silver July is expected to slip back towards 88,000 level as long as it stays below 90,300 level (20-Day EMA) - ICICI Direct
MCX Silver July is expected to slip back towards 88,000 level as long as it stays below 90,300 level (20-Day EMA) - ICICI Direct
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MCX Gold April price is likely to consolidate in the band of 62,300 and 62,800 - ICICI Direct