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Buy Gold Aug 2022 @ 50250 SL 50050 TGT 50600-50850.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49853-51153.
Gold prices rose bolstered by a pullback in the U.S. dollar and U.S. Treasury yields, ahead of a potentially aggressive interest rate hike from Fed.
U.S. retail sales unexpectedly fell in May as motor vehicle purchases declined
Goldman Sachs: Revises 3, 6 and 12m gold price targets to $2,100/2,300 and $2,500/toz, from $2,300/2,500 and $2,500/toz
25% of central banks to boost gold holdings amid global uncertainty
BUY GOLD AUG 2022 @ 50250 SL 50050 TGT 50600-50850.MCX
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