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10-06-2024 10:48 AM | Source: Kedia Advisory
Sell Gold Aug @ 71500 SL 71700 TGT 71200-71000. MCX - Kedia Advisory
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Gold
Observations
trading range for the day is 69670-74360.
Gold prices dropped pressured by a hawkish turn in expectations for the Federal Reserve
The US economy added 272K jobs in May, nearly 100K more than median market expectations.
China's central bank paused gold purchases in May after 18 months of buying
Gold prices in India continued to trade at a discount for a fifth straight week
SELL GOLD AUG @ 71500 SL 71700 TGT 71200-71000. MCX
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