Sell Gold Jun @ 72200 SL 72500 TGT 71700-71500. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 70245-74755.
Gold rose amid Middle East tensions and Chinese economic challenges.
US expects an attack by Iran against Israel but one that would not be big enough to draw Washington into war.
Dealers in India offered discounts of up to $17 an ounce over official domestic prices, versus last week's $28 discount.
China's central bank controls the inflow of gold via import quotas issued to banks.
SELL GOLD JUN @ 72200 SL 72500 TGT 71700-71500. MCX
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