Sell Gold Feb@ 62000 SL 62200 TGT 61700-61500. MCX - kedia Advisory
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Gold:
Observations:
Gold trading range for the day is 61590-62190.
Gold falls as investors reconsider outlook on interest rates by Fed
Sell-off due to fading prospect of imminent rate cuts and still-high price pressures
Markets see 55% chance of March rate cut vs 71% last week
Physical gold buying in India was lacklustre as a correction in local prices failed to attract consumers
SELL GOLD FEB @ 62000 SL 62200 TGT 61700-61500. MCX
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