Buy Gold Jun 2021 @ 47000 SL 46800 TGT 47180-47350.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46446-47644.
Gold rose to 7 week's high setled above 47150 level lifted as a string of encouraging economic data lifted prospects of a rise in inflation.
US Fed Chair Jerome Powell said the central bank would cut its monthly bond purchases before committing to an interest rate hike
Current ‘wedding season’, festivities like Akshaya Tritiya, there is a possibility of gold prices gathering further momentum on the back of retail demand
Gold ETFs inflows up 35% MoM in March
BUY GOLD JUN 2021 @ 47000 SL 46800 TGT 47180-47350.MCX
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