Buy Gold Apr 2021 @ 45400 SL 45150 TGT 45650-45800.MCX - Kedia Advisory
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GOLD
* Gold trading range for the day is 44716-46066.
* Gold settled higher as the dollar lost ground after an initial uptick and the yield on 10-year U.S. Treasury Note stayed below 1.5%
* Benchmark U.S. Treasury yields have eased off a one-year high hit last week, while the dollar index held near a four-week peak.
* Focus also remains on the developments of the $1.9 trillion stimulus bill that will be debated in the U.S. Senate this week.
* Gold demand worldwide in the fourth quarter of 2020 was the lowest in 11 years
BUY GOLD APR 2021 @ 45400 SL 45150 TGT 45650-45800.MCX
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