22-10-2024 09:07 AM | Source: Kedia Advisory
Sell Gold Dec @ 78200 SL 78400 TGT 77900-77700. MCX - Kedia Advisory
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GOLD

Observations

Gold trading range for the day is 77530-78710.

Gold climbed bolstered by increased demand for safe-havenassets.

Investors are closely watching developments in the Middle Eastas tensions flared

The uncertainty surrounding the upcoming US presidentialelections is also further increasing the appeal of safe-havenassets.

The PBoC lowered its key rates as part of stimulus measures, andthe ECB cut rates last week for the third time this year

SELL GOLD DEC @ 78200 SL 78400 TGT 77900-77700. MCX

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