2024-01-01 11:19:24 am | Source: Kedia Advisory
Sell GOLD Feb @ 63350 SL 63500 TGT 63150-63000. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 62880-63550.
Gold price eases amid recovery in US Treasury yields.
The broader appeal for price is bullish as Fed may unwind its restrictive policy stance sooner.
Fed policymakers see a high likelihood of a market reaction on rate-cut commentary from Fed Chairman Powell.
China's November net gold imports via Hong Kong gain 37% m/m
SELL GOLD FEB @ 63350 SL 63500 TGT 63150-63000. MCX
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
India`s eSankhyiki?data platform cruises to 134 mn r...
HUL`s profit up 19 pc in Q3, acquires 90.5 pc stake ...
Daily Market Commentary : Nifty IT gained traction o...
Daily Market Analysis : The Markets Rebound After Vo...
Post-Market Comment by Mandar Bhojane, Research Anal...
Quote on Market Wrap by Shrikant Chouhan, Head of Eq...
WEF: 5 new Indian industrial clusters commit to econ...
Sensex jumps 566 points, Nifty holds at 23,000 as US...
Centre hikes MSP of raw jute by Rs 315 for 2025-26 s...
WEF 2025: Urban mobility a major focus for Telangana...
More News
Gold trading range for the day is 72300-74400 - Kedia Advisory
MCX Copper is likely to trade with sideways to positive bias during today`s trading session- Monarch Networth Capital Ltd
Turmeric trading range for the day is 14016-14660 - Kedia Advisory
Gold tumbled more than 2% in the previous session, as the Federal Reserve adopted a more cautious tone on the pace of rate cuts...