01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Gold Apr 2021 @ 44700 SL 44500 TGT 45000-45180.MCX - Kedia Advisory
GOLD
Gold trading range for the day is 44088-45116.
Gold prices dropped as rising US bond yields and a stronger dollar eroded the metal's appeal.
Further hopes of a global economic recovery have been supported by the US $1.9 trillion stimulus bill and the rollout of COVID-19 vaccines.
U.S. producer prices increased strongly in February, leading to the largest annual gain in nearly 2-1/2 years
Benchmark U.S. Treasury yields rose back towards a more than one-year peak hit on March 5
BUY GOLD APR 2021 @ 44700 SL 44500 TGT 45000-45180.MCX
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