13-06-2024 10:18 AM | Source: Kedia Advisory
Sell Gold Aug @ 72100 SL 72300 TGT 71800-71500. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 71105-72605.
Gold rose after a softer-than-expected US inflation data.
Fed kept the funds rate unchanged but dot-plot projections showed a sole 25bps rate cut this year
US annual headline inflation unexpectedly eased to 3.3% in May.
Physical gold ETFs see first net inflows in 12 months in May - World Gold Council
SELL GOLD AUG @ 72100 SL 72300 TGT 71800-71500. MCX
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