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 60685-61535.
Gold dropped as traders continue to assess the monetary policy outlook.
FOMC minutes offered no surprises by showing the Fed is set to proceed cautiously and will keep policy restrictive for some time.
India's October gold imports surged 60% from a year earlier to a 31-month high
Chinese jewelry sales boost gold consumption with 12.2% increase through Q3
SELL GOLD DEC @ 61200 SL 61400 TGT 60950-60750. MCX
