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23/06/2022 11:11:14 AM | Source: Kedia Advisory
Buy Gold Aug 2022 @ 50700 SL 50500 TGT 51000-51200.MCX - Kedia Advisory
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Buy Gold Aug 2022 @ 50700 SL 50500 TGT 51000-51200.MCX - Kedia Advisory

GOLD

Gold trading range for the day is 50233-51481.

Gold gained as investors awaited fresh cues from the Federal Reserve on the likely direction of US monetary policy.

Market participants are now eyeing Fed Chair Jerome Powell’s appearance before Congress for fresh insight on the central bank’s policy plans.

The yield on the benchmark 10-year Treasury note was almost 3 basis points higher at 3.269 percent

The Confederation of British Industry's order book balance fell to 15 in June of 2022 from 26 in the previous month

BUY GOLD AUG 2022 @ 50700 SL 50500 TGT 51000-51200.MCX

 

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