2024-04-08 11:58:56 am | Source: Kedia Advisory
Sell Gold Jun @ 70800 SL 71100 TGT 70500-70200. MCX
Gold
Observations
Gold trading range for the day is 68805-71615.
Gold gains supported by US interest rate cut bets, speculative buying and central bank purchases
U.S. employers hired far more workers than expected March
Global central bank gold reserves rose by 19t in February, marking the ninth consecutive month of growth
Physical gold demand in India remained tepid as a blistering rally in domestic prices put off buyers
SELL GOLD JUN @ 70800 SL 71100 TGT 70500-70200. MCX
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