Buy Gold FEB 2022 @ 47300 SL 47100 TGT 47650-47800.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47107-48037.
Gold prices slid as minutes of the U.S. Federal Reserve's December meeting signalled quicker increases to interest rates
U.S. 10-yr yield rises to strongest since April 2021
FOMC Meeting Minutes flag the chance of earlier, faster rate hikes.
Interest rate futures are currently pricing in an 80% possibility of a Fed rate hike at the March meeting.
BUY GOLD FEB 2022 @ 47300 SL 47100 TGT 47650-47800.MCX
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