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Buy Gold Aug 2022 @ 50600 SL 50350 TGT 50900-51000.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50487-51329.
Gold fell weighed down by a rebound in the dollar and firmer US Treasury yields.
U.S. consumer confidence eased slightly in May as concerns about high inflation persisted and perceptions of the labor market softened a bit
Fed's Waller: If inflation doesn't go away, we need to raise rates a lot higher
Speculators raised their net long COMEX gold position in the week to May 24, data showed.
BUY GOLD AUG 2022 @ 50600 SL 50350 TGT 50900-51000.MCX
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