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09-10-2024 12:12 PM | Source: Kedia Advisory
Sell Gold Dec @ 75300 SL 75500 TGT 75000-74800. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 74155-76625.

Gold fell as recent U.S. employment data priced out the chances of a bigger rate cut.

Fed's September meeting minutes due on Wednesday

Gold ETFs registered 5th month of inflows in Sept- WGC

Speculators increased their total net long position on COMEX by 6% from August to 976 tons by the end of September.

 

SELL GOLD DEC @ 75300 SL 75500 TGT 75000-74800. MCX

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