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2024-12-03 09:18:40 am | Source: Kedia Advisory
Sell Gold Feb @ 76850 SL 77050 TGT 76550-76350. MCX - Kedia Advisory
Sell Gold Feb @ 76850 SL 77050 TGT 76550-76350. MCX - Kedia Advisory

Gold

Observations

Gold trading range for the day is 75805-77475.

Gold dropped weighed down by a robust U.S. dollar.

Trump called on BRICS nations to pledge not to establish or endorse an alternative currency to the U.S. dollar.

Fed officials conveyed optimism that inflation is subsiding and the labor market remains robust, supporting the possibility of further interest rate cuts.

Investors eyed upcoming economic data and remarks from Fed officials for clues on the future of U.S. interest rates

SELL GOLD FEB @ 76850 SL 77050 TGT 76550-76350. MCX

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