Buy Gold Aug 2022 @ 50500 SL 50200 TGT 50800-51000.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50403-50939.
Gold gained as support seen after the number of Americans filing new claims for unemployment benefits rose by 4K to 235K
Minutes from the Fed’s meeting pointed to consensus that interest rates need to rise further to prevent inflation from becoming entrenched.
BofA cuts gold price forecast for 2022 to $1,938/oz from $1,957/oz; 2023 unchanged
India gold imports surged three-fold in June
BUY GOLD AUG 2022 @ 50500 SL 50200 TGT 50800-51000.MCX
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