2024-10-09 12:12:38 pm | Source: Kedia Advisory
Sell Gold Dec @ 75300 SL 75500 TGT 75000-74800. MCX - Kedia Advisory
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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