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Buy Gold Dec 2022 @ 52200 SL 52000 TGT 52450-52600.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 52082-52598.
Gold settled flat due to a stronger dollar, with the U.S. Federal Reserve's monetary policy stance clouding the outlook for non-yielding bullion.
Investors were cautious ahead of the FOMC minutes which could provide further clues on the pace of the Fed's rate hikes
Investors are also keeping an eye on the economic fallout from fresh COVID-19 restrictions in China.
Chinese physical gold premiums fell sharply last week as buying slowed.
BUY GOLD DEC 2022 @ 52200 SL 52000 TGT 52450-52600.MCX
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