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09-07-2024 10:18 AM | Source: Kedia Advisory
Sell Gold Aug @ 72500 SL 72700 TGT 72100-71900. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 71570-73450.
Gold slipped as investors booked profits after soft U.S. jobs data
PBOC refrains from gold purchases for a second month
Markets are currently pricing in a 74% chance of the Fed cutting interest rates in September.
Fed Powell, US inflation data due this week
SELL GOLD AUG @ 72500 SL 72700 TGT 72100-71900. MCX
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