Powered by: Motilal Oswal
2024-02-06 11:10:20 am | Source: Kedia Advisory
Sell Gold S @ 62500 SL 62700 TGT 62200-62000. MCX - Kedia Advisory

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here