25-07-2024 12:46 PM | Source: Kedia Advisory
Sell Gold Aug @ 69100 SL 69300 TGT 68800-68600. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 68320-69620.

Gold prices rose as the dollar slipped with investors' focus shifting to U.S. economic data

Markets are anticipating a 100% chance of a rate cut by the central bank in September

S&P Global flash PMIs for the US showed private sector activity remained robust

India slashed import duties on gold to 6% from 15%.

 

SELL GOLD AUG @ 69100 SL 69300 TGT 68800-68600. MCX

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