Sell Gold Jun @ 73100 SL 73300 TGT 72850-72650. MCX - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
GOLD
Observations
Gold trading range for the day is 72460-73530.
Gold settled flat as investors digested mixed economic data from the US.
Initial jobless claims fell roughly in line with forecasts, import and export prices rose more than anticipated.
Stalling retail sales and previously soft labour data boded well for less restrictive Fed stance.
Investors are now betting on more than a 70% chance of a Fed rate reduction in September.
SELL GOLD JUN @ 73100 SL 73300 TGT 72850-72650. MCX
Tag News
Buy Crudeoil Above 6900 SL BELOW 6830 TGT 7000/7050 - Axis Securities Ltd
