24-11-2023 09:44 AM | Source: Kedia Advisory
Sell Gold DEC @ 61200 SL 61400 TGT 60950-60750. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 60915-61265.
Gold gains as an overall weaker dollar and lower U.S. Treasury yields buoyed demand
Data showed orders for long-lasting U.S. manufactured goods fell a more-than-expected 5.4% in October
The number of Americans filing new claims for unemployment benefits fell more than expected last week
Traders widely expect the Fed to leave rates unchanged in December, but dialled back expectations of rate cuts in 2024
SELL GOLD DEC @ 61200 SL 61400 TGT 60950-60750. MCX
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