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Buy Gold Apr 2022 @ 52500 SL 52200 TGT 52950-53200.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 51811-53737.
Gold retreated after Russian President Vladimir Putin said there had been some progress in Moscow's talks with Ukraine.
The likelihood of Fed interest rate hikes adding some pressure while investors awaited additional developments surrounding Ukraine.
U.S. inflation ballooned in February, locking in expectations for a Fed rate hike
Expectations the U.S. central bank will raise its benchmark overnight interest rate by at least 25 basis points on March 16 stand at 94%
Buy Gold Apr 2022 @ 52500 SL 52200 TGT 52950-53200.MCX
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