Buy Gold Jun 2021 @ 47150 SL 46900 TGT 47380-47600.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46590-47814.
Gold moved higher and settled at a nearly 8-week high, gaining in strength thanks to another drop in bond yields and a weaker dollar.
The dollar lost ground and yields on long term U.S. Treasury Notes hovered around onemonth lows, weighed down by dovish comments from Fed officials.
India demand falters as virus rages, China ramps up imports
China opens its borders to billions of dollars of gold imports
BUY GOLD JUN 2021 @ 47150 SL 46900 TGT 47380-47600.MCX
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