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