Sell Gold Feb @ 77300 SL 77500 TGT 77000-76800. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 76365-78505.
Gold dropped as investors priced in the possibility of the Federal Reserve cutting rates more slowly next year.
U.S. data showed the job market is gradually cooling in line with expectations
Fed’s Daly said that she was comfortable cutting rates in December, but advocated "a more thoughtful and cautious approach" on further reductions.
Gold discounts in India widened to their highest level in over two months
SELL GOLD FEB @ 77300 SL 77500 TGT 77000-76800. MCX
