01-12-2022 10:34 AM | Source: Kedia Advisory
Buy Gold FEB 2022 @ 47400 SL 47200 TGT 47640-47800.MCX - Kedia Advisory
GOLD
Gold trading range for the day is 47376-47856.
Gold prices gained as the dollar and Treasury yields retreated as bets grew for a quicker pace of U.S. interest rate hikes.
Fed's Powell- The economy will be different following the pandemic, the Fed must adapt to those changes
Fed's Powell- We will use our tools to support the economy and the labor market
Goldman predicts the Fed will hike rates four times this year, more than previously expected
BUY GOLD FEB 2022 @ 47400 SL 47200 TGT 47640-47800.MCX
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