02-04-2024 10:19 AM | Source: Kedia Advisory
Sell Gold Jun @ 68700 SL 69000 TGT 68300-68000. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 67345-69415.

Gold rises on U.S. inflation slowdown, fuels expectations of June fed rate cut

US inflation 'along lines of what we would like to see' – Powell

A sustained record rally in domestic gold prices crippled the typical busy wedding season demand in India

India's gold imports are set to plunge by more than 90% in March from the previous month

SELL GOLD JUN @ 68700 SL 69000 TGT 68300-68000. MCX

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