05-07-2021 11:37 AM | Source: Kedia Advisory
Buy Gold Jun 2021 @ 47300 SL 47150 TGT 47580-47700.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 46770-48056.

Gold gains as support seen amid a weaker dollar and easing Treasury yields propelling it over the key $1,800 psychological level.

Fewer Americans filed new claims for unemployment benefits last week as the labor market recovery gains steam amid an economic boom

Fed Chair Jerome Powell has argued the labour market is far short of where it needs to be to start talking of tapering asset purchases.

Fed's Rosengren says inflation will normalize close to 2%

BUY GOLD JUN 2021 @ 47300 SL 47150 TGT 47580-47700.MCX

 

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