26/02/2021 12:50:18 PM | Source: Kedia Advisory
Sell Gold APR 2021 @ 46400 SL 46650 TGT 46150-45950.MCX - Kedia Advisory
GOLD
* Gold trading range for the day is 45724-46914.
* Gold prices fell as U.S. treasury yields remained elevated, with bullion’s safe haven appeal also hit by bets for a faster global economic recovery.
* However, a weaker dollar and dovish comments from Fed Chair Powell capped losses.
* China's gold imports via Hong Kong fall 25% in January from December
* Goldman Sachs downgraded its 2021 gold price target to $2,000/oz from $2,300/oz
SELL GOLD APR 2021 @ 46400 SL 46650 TGT 46150-45950.MCX
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