07-01-2022 10:22 AM | Source: Kedia Advisory
Buy Gold Aug 2022 @ 50350 SL 50100 TGT 50650-50800.MCX - Kedia Advisory
GOLD
Gold trading range for the day is 50089-51205.
Gold fell as the dollar's strength and a hawkish rhetoric from central banks eroded the appeal of the non-yielding asset.
Fed's Powell: lowering inflation will be painful but necessary
U.S. consumer spending rose less than expected in May as motor vehicles remained scarce while higher prices forced cutbacks on purchases of other goods
Eurozone inflation data scheduled to be released on Friday
BUY GOLD AUG 2022 @ 50350 SL 50100 TGT 50650-50800.MCX
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