03-01-2024 10:41 AM | Source: Kedia Advisory
Sell Gold Feb @ 63400 SL 63650 TGT 63100-62950. MCX - Kedia Advisory
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Gold
Gold trading range for the day is 62790-63890. Gold falls as dollar strengthens amid economic and policy evaluations. Factors that are boosting rate-cut hopes are significant progress in the underlying inflation declining towards 2%. There is a 72% chance that the Fed will reduce interest rates by 25 basis points (bps) to 5.00-5.25%. China's November net gold imports via Hong Kong gain 37% m/m
SELL GOLD FEB @ 63400 SL 63650 TGT 63100-62950. MCX
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