Buy Gold Apr 2022 @ 51300 SL 51050 TGT 51650-51900.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50761-52481.
Gold extended its slide as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets
Bets that the U.S. Federal Reserve may raise interest rates for the first time in three years added to pressure on gold.
U.S. 10-year treasury yields elevated and put pressure on gold
Fed is expected to raise borrowing costs by a quarter of a percentage point at the end of its two-day meeting.
BUY GOLD APR 2022 @ 51300 SL 51050 TGT 51650-51900.MCX
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