23-05-2024 09:48 AM | Source: Kedia Advisory
Sell Gold JUN @ 73200 SL 73400 TGT 72900-72700. MCX - Kedia Advisory
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Gold
Gold trading range for the day is 72300-74400.
Gold slipped as investors strapped in Fed minutes for further insights on interest rate cuts.
Recent data had not increased Fed confidence in progress toward the 2% medium-term target, FOMC minutes.
Russian gold reserves slightly up to 75.1 mln oz as of May 1 – c.bank
Commerzbank expects gold to fall to $2,300/oz in second half of 2024
SELL GOLD JUN @ 73200 SL 73400 TGT 72900-72700. MCX
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