Buy Gold Apr 2022 @ 49100 Sl 48780 TGT 49450-49650.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 49222-50358.
Gold rose as inflationary and geopolitical risks boosted its safe-haven appeal.
Moreover, concerns over rising consumer prices added to the bullish sentiment after data showed US inflation hit 7.5% in January, the highest in 40 years.
Gold consumption booms in Spring Festival holiday
Physical demand slow due to high prices in India
BUY GOLD APR 2022 @ 49100 SL 48780 TGT 49450-49650.MCX
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