03-06-2024 10:56 AM | Source: Kedia Advisory
Sell Gold Aug @ 72000 SL 72200 TGT 71700-71500. MCX
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GOLD
Observations
Gold trading range for the day is 71230-72970.
Gold settled lower after a reading of U.S. inflation came in line with estimates.
The odds for a Fed's ease increased slightly for September, November and December.
UBS says recently raised our year-end price forecast for gold to $2,600/oz.
RBI shifts 100 tonnes of gold from UK to its vaults, first time since1991
SELL GOLD AUG @ 72000 SL 72200 TGT 71700-71500. MCX
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