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Published on 2/03/2021 3:46:52 PM | Source: Kedia Advisory

Sell Gold Apr 2021 @ 46400 SL 46650 TGT 46150-45950.MCX - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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GOLD

*Gold trading range for the day is 44630-46478.

*Gold prices fell amid some upbeat economic data, the passage of a $1.9 trillion package and on positive developments on the vaccine front.

*U.S. President Joe Biden scored his first legislative win as the House of Representatives passed his $1.9 trillion coronavirus relief package.

*Holdings in SPDR Gold Trust , fell 0.6% on Friday to the lowest since May 2020.

*Speculators cut their bullish positions in COMEX gold and silver contracts in the week to Feb. 23, the U.S. CFTC said.

SELL GOLD APR 2021 @ 45500 SL 45750 TGT 45150-45000.MCX

 

 

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