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04-01-2021 12:47 PM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 44700 SL 44500 TGT 44950-45150.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 43938-45488.

Gold prices moved higher rebounding from recent losses, due largely to some shortcovering and bargain hunting

A weaker dollar and data showing a faster than expected pace of expansion by Chinese factory activity also contributed to gold's advanced.

Private businesses in the US hired 517K workers in March of 2021, compared to market forecasts of 550K

U.S. consumer confidence surged in March to its highest level since the start of the COVID19 pandemic, supporting views that economic growth will accelerate.

BUYU GOLD JUN 2021 @ 44700 SL 44500 TGT 44950-45150.MCX

 

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