SELL GOLD FEB @ 61300 SL 61500 TGT 61050-60900. MCX - Kedia Advisory
GOLD
Observations
Gold trading range for the day is 60815-61765.
Gold gains as dollar index remained below 104 as investors digested the latest CPI report
The US consumer price inflation rate eased to 3.1% in November, marking the lowest figure in five months.
The robust labor market might prompt policymakers to take a less dovish stance than what market participants anticipate.
Physical gold dealers in India increased discounts to seven-month high
SELL GOLD FEB @ 61300 SL 61500 TGT 61050-60900. MCX