SELL GOLD FEB @ 61900 SL 62100 TGT 61600-61400. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 61020-62930.
Gold dropped as the U.S. economy continues to add more jobs than expected
U.S. nonfarm payrolls rose by 199,000 last month, according to the Bureau of Labor Statistics.
Physical gold dealers in India increased discounts to seven-month highs in a bid to lure customers as record local prices hurt demand
Market projections for a March rate cut have pared back slightly even if they remain above 50%
SELL GOLD FEB @ 61900 SL 62100 TGT 61600-61400. MCX
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