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06-02-2024 11:10 AM | Source: Kedia Advisory
Sell Gold S @ 62500 SL 62700 TGT 62200-62000. MCX - Kedia Advisory

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Gold:

Observations

Gold trading range for the day is 61890-62740.

Gold prices slipped after a robust U.S. jobs data

U.S. non-farm payrolls in January rose more than expected

Traders price in 60% chance of rate cut in May

Investors await remarks from Fed speakers this week

SELL GOLD S @ 62500 SL 62700 TGT 62200-62000. MCX

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