07-11-2024 11:29 AM | Source: Kedia Advisory
Sell Gold Dec @ 76800 SL 77000 TGT 76500-76300. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 74975-79435.
Gold dropped with dollar holding strong as 'Trump trades' soared.
The Fed's two-day policy meeting ends and markets broadly expect the Fed to announce a quarter-point rate cut.
Investors are also closely monitoring control of Congress, as the results could significantly affect future spending and tax policies.
Perth Mint reported a decline in gold sales for the month of October.
SELL GOLD DEC @ 76800 SL 77000 TGT 76500-76300. MCX
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