Buy Gold Aug 2022 @ 51000 SL 50800 TGT 51350-51600.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50521-51783.
Gold rose after Q2 GDP data showed that the US economy unexpectedly contracted for the second consecutive quarter.
Fed’s Powell said that it will likely become appropriate to slow the pace of interest rate increases depending on the inflationary and economic picture.
Global gold demand falls as investors shy away
China's gold demand to fall in second half from 2021 levels – WGC
BUY GOLD AUG 2022 @ 51000 SL 50800 TGT 51350-51600.MCX
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