Buy Gold Aug 2021 @ 48750 SL 48500 TGT 49050-49200.MCX - Kedia Advisory
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GOLD
* Gold trading range for the day is 48522-49590
* Gold prices slipped hurt by a resilient dollar as some investors bet that recent spikes in U.S. consumer prices are temporary.
* The European Central Bank kept its monetary policy unchanged and pledged a steady flow of stimulus over the summer.
* Physical gold demand crept up this week in top hubs India and China though dealers were still forced to offer discounts
* India's gold imports in May surged over nine-fold from 2020's low base to 12 tonnes.
BUY GOLD AUG 2021 @ 48750 SL 48500 TGT 49050-49200.MCX
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