28-11-2024 09:48 AM | Source: Kedia Advisory
Sell GOLD Dec @ 75900 SL 76100 TGT 75700-75500. MCX - Kedia Advisory

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer