Sell Gold Aug @ 74300 SL 74500 TGT 74000-73800. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 73760-74740.
Gold steadied helped by prospects for a cut to U.S. interest rates as early as September.
Fed’s Waller said that the US central bank is ‘getting closer’ to an interest rate cut as inflation's improved trajectory and a labor market in better balance.
Fed’s Barkin said he is "very encouraged" that easing in inflation has begun to broaden and he would like to see it continue.
Swiss June gold exports fall to the lowest in more than two years.
SELL GOLD AUG @ 74300 SL 74500 TGT 74000-73800. MCX
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