16-10-2024 11:21 AM | Source: Kedia Advisory
Sell Gold Dec @ 76500 SL 76700 TGT 76200-76000. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 75480-76930.

Gold prices held steady as the U.S. dollar remained near two-month highs

Fed Governor Christopher Waller urged "more caution" in upcoming interest rate cuts.

China's central bank held back on buying gold for a fifth straight month in September.

Global central banks increased purchases for their reserves by 6% to 183 tons in the second quarter - WGC

 

SELL GOLD DEC @ 76500 SL 76700 TGT 76200-76000. MCX

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