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02-09-2024 09:56 AM | Source: Kedia Advisory
Sell Gold Oct @ 71800 SL 72000 TGT 71500-71300.MCX - Kedia Advisory

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GOLD

Observation

Gold trading range for the day is 71095-72455.
Gold softened as the dollar and Treasury yields firmed
Indian dealers widen discounts to $8/ounce, a six-week high
Chinese dealers offered discounts between $1 and $10 per ounce on the international spot price
The PBOC had held off gold purchases for its reserves for a third straight month in July.
SELL GOLD OCT @ 71800 SL 72000 TGT 71500-71300.MCX

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