2025-11-04 10:51:33 am | Source: Kedia Advisory
Sell Gold Dec @ 122000 SL 122800 TGT 121000-120300. MCX - Kedia Advisory
GOLD
SELL GOLD DEC @ 122000 SL 122800 TGT 121000-120300. MCX
Observations
Gold trading range for the day is 120595-122555.
Gold prices rose as investors awaited U.S. private payroll data to gauge the chances of another Fed rate cut.
China’s tax change on Gold purchases dents sentiment in the world’s largest Bullion market.
UBS sees upside risks for gold toward $4,700/oz if political or financial market volatility rises again
Focus turns to the October ISM Manufacturing PMI, with consensus pointing to a mild improvement to 49.5 from 49.1.
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