Sell Gold Jun 2023 @ 60500 SL 60700 TGT 60200-60000. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 59340-61950
Gold fell after U.S. officials indicated they expect interest rates tostay high
Investors looked ahead to a key meeting for the outcome ofdebt-ceiling negotiations in Washington
US retail sales coming in short of market expectations in April,which showed consumers slowing their activity.
Fed’s Barkin is not convinced inflation is on a steady declineback to the U.S. central bank’s 2% target.
SELL GOLD Jun 2023 @ 60500 SL 60700 TGT 60200-60000. MCX
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