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SELL GOLD FEB @ 62600 SL 62800 TGT 62300-62100. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 61960-62990.
Gold steadied buoyed by a weakness in the dollar and Treasury yields
U.S. labor market appears to stabilize as the number of America workers applying for first-time unemployment benefits remains roughly unchanged
Investors awaiting crucial U.S. payrolls data that could help ascertain the Federal Reserve's interest rate trajectory.
China's gold reserves rose to $145.7 billion by the month's end, up from $142.17 billion at the close of October.
SELL GOLD FEB @ 62600 SL 62800 TGT 62300-62100. MCX
