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Buy Gold Aug 2022 @ 50600 SL 50400 TGT 50950-51200.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 49850-51422.
Gold recovered from lows as a stronger-than-expected inflation reading in the US U.S.
President Joe Biden said June inflation figures were "unacceptably high"
Fed Swaps indicate around 79 basis-point hikes priced in for July after the CPI data.
US rate futures see Fed funds at 3.56% by December, from 3.41% before CPI data.
BUY GOLD AUG 2022 @ 50600 SL 50400 TGT 50950-51200.MCX
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