Buy Gold DEC 2021 @ 46900 SL 46750 TGT 47100-47350.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 47031-47567.
Gold remained supported as world shares dipped after data showed slower-than-expected growth in China’s economy last quarter.
Market positioning also indicated an increasing expectation that central banks will prioritize policy tightening to curb inflation
Fed should pursue faster taper, inflation levels "concerning" -Bullard
Fed’s Bowman said she would be "very comfortable" with beginning to withdraw some of the U.S. central bank's crisis-era support as soon as next month
BUY GOLD DEC 2021 @ 46900 SL 46750 TGT 47100-47350.MCX
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