Buy Gold Jun 2021 @ 46800 SL 46600 TGT 47000-47150.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46279-47747.
Gold prices retreated as yields rose and the dollar strengthened amid optimism that a global economic recovery is gathering pace
Fed Chairman Jerome Powell said that U.S. economic outlook has clearly brightened amid faster vaccination rates and fiscal stimulus
While the recovery is gathering strength, it has been slower for those in lower-paid jobs, Powell said
China's Q1 gold consumption jumps 93.9% y/y on robust demand – association
BUY GOLD JUN 2021 @ 46800 SL 46600 TGT 47000-47150.MCX
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