Buy Gold Aug 2021 @ 46800 SL 46600 TGT 47000-47200.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46664-47420
Gold prices were little changed amid a firm dollar as investors turned their attention to U.S. Fed chief Jerome Powell’s testimony for cues on monetary policy.
The Fed signalled interest rates could rise in 2023. They clawed back some losses as the dollar rally paused and traders used the dip to buy.
U.S. home sales fell for a fourth straight month in May as record high prices amid low inventory frustrated potential buyers
Swiss gold exports to India plunged in May as coronavirus cases surged
BUY GOLD AUG 2021 @ 46800 SL 46600 TGT 47000-47200.MCX
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