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27-03-2024 10:26 AM | Source: Kedia Advisory
Sell Gold Apr @ 66200 SL 66400 TGT 65900-65700. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 65585-66705.
Gold steadied as investor focus turns to U.S. inflation data
U.S. consumer confidence falls to 104.7
Fed policymakers indicated they still expected to reduce interest by three-quarters of a percentage point by 2024 end despite recent high inflation readings
Investor focus turns to U.S. inflation data, which could shed more light on the timing of Fed’s first interest rate cut this year
SELL GOLD APR @ 66200 SL 66400 TGT 65900-65700. MCX
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