29-12-2023 12:15 PM | Source: Kedia Advisory
Sell Gold FEB @ 63500 SL 63700 TGT 63250-63150. MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 63030-64000.
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 @ 63500 SL 63700 TGT 63250-63150. MCX
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