2024-11-28 09:48:24 am | Source: Kedia Advisory
Sell GOLD Dec @ 75900 SL 76100 TGT 75700-75500. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 75380-76290.
Gold gains as investors analyzed recent economic data and President-elect Trump’s cabinet picks
US economy grew by an annualized 2.8% in Q3, while core PCE inflation was revised downward for the same period.
Federal Reserve officials conveyed optimism that inflation is subsiding and the labor market remains robust.
Fed officials discussed potentially lowering the reverse repo rate to the lower range of the target funds rate
SELL GOLD DEC @ 75900 SL 76100 TGT 75700-75500. MCX
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