Buy Gold Aug 2022 @ 50150 SL 50000 TGT 50500-50700.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49907-50847
Gold rose as investors dialed back expectations for a bigger full percentage point rate hike from the Federal Reserve
Fed’s Bullard signaled that they are on track to raise rates by 75 basis points for the second month in a row at the July 26-27 meeting
Survey showed, US consumer inflation expectations softened in July, coming in at 2.8% over a five-year horizon from 3.1% in June.
The latest data showed that US inflation surged 9.1% in June 2022 from a year ago, hitting its highest level since 1981
BUY GOLD AUG 2022 @ 50150 SL 50000 TGT 50500-50700.MCX
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