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07-11-2023 11:26 AM | Source: Kedia Advisory
Sell Gold DEC @ 61000 SL 61250 TGT 60700-60500. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 60580-61070.

Gold slightly lower following a slight uptick in U.S. Treasury yields

Investors took stock of the latest developments in the Middle East

Investors looked ahead to a speech by Fed Chair Jerome Powell later this week for more clarity on the interest rate outlook

Physical gold dealers in India offered discounts for a fourth consecutive week

SELL GOLD DEC @ 61000 SL 61250 TGT 60700-60500. MCX

 

 

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