Buy Gold Aug 2021 @ 48000 SL 47750 TGT 48350-48550.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 48117-48885.
Gold prices dropped as the yields on long term bonds rose ahead of a Fed meeting that could provide an indication on the eventual withdrawal of economic support.
U.S. retail sales dropped more than expected in May, with spending rotating back to services from goods
For the second time in less than a decade, the Fed is getting ready to launch a debate over how and when to sunset a massive asset-purchase program.
Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels
BUY GOLD AUG 2021 @ 48000 SL 47750 TGT 48350-48550.MCX
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