08-10-2024 09:48 AM | Source: Kedia Advisory
Sell Gold Dec @ 76200 SL 76450 TGT 75900-75700. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 75580-76560.
Gold dropped as a solid US jobs report tempered expectations for Fed interest rate cuts.
US jobs report exceeded expectations with 254,000 growth
Unemployment rate fell to 4.1% from 4.2%
Markets dismiss chances of 50 bps rate cut in November
SELL GOLD DEC @ 76200 SL 76450 TGT 75900-75700. MCX
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