20-09-2024 10:01 AM | Source: Kedia Advisory
Sell Gold Oct @ 73600 SL 73800 TGT 73300-73100. MCX - Kedia Advisory

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GOLD

Observation

Gold trading range for the day is 72445-74115.

Gold rose as markets continued to assess the Federal Reserve's decision.

The Fed implemented its first interest rate cut since early 2020

BofA now expects Fed to go for 0.75-percentage-point cut in fourth quarter

Fed Bowman's dissent is first from Fed governor since 2005

SELL GOLD OCT @ 73600 SL 73800 TGT 73300-73100. MCX

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