03-11-2023 11:19 AM | Source: Kedia Advisory
Sell Gold DEC @ 61100 SL 61300 TGT 60850-60700. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 60610-61190. Gold gains as

U.S. labor market appears to be losing some momentum.

The number of American workers applying for first-time unemployment benefits rises more than expected.

Federal Reserve leaves interest rates unchanged and provides little forward guidance on its monetary policy.

Indian gold demand loses lustre in peak festive season as prices rally

SELL GOLD DEC @ 61100 SL 61300 TGT 60850-60700. MCX

 

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