18-04-2024 11:13 AM | Source: Kedia Advisory
Sell GOLD JUN @ 72800 SL 73100 TGT 72400-72200. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 71815-73655.
Gold dropped amid optimism Israel will show restraint in its response to Iran's recent missile attack.
Fed’s Powell backed away from providing any guidance on when interest rates may be cut
Fed rate cut bets for June and July meetings and reduced fears of Iran-Israel tensions pressure Gold.
Russia considers cancelling gold export duty
SELL GOLD JUN @ 72800 SL 73100 TGT 72400-72200. MCX
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