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Buy Gold Aug 2021 @ 47500 SL 47280 TGT 47750-47900.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47098-47938.
Gold prices dropped as a stronger dollar, firmer yields and equity markets chipped away at its appeal.
Market focus now turns to Fed meeting for more clues on monetary policy after the ECB pledged to keep interest rates at record lows.
Discounts in India widen to near 1 month high as demand falters.
Russia raises key rate to 6.5% in sharpest move since 2014.
BUY GOLD AUG 2021 @ 47500 SL 47280 TGT 47750-47900.MCX
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