Buy Gold Jun 2022 @ 50000 SL 49800 TGT 50350-50500.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 49314-50764.
Gold prices remained supported as investors wrestled with the twin shocks of an aggressive tightening and escalating tensions between the West and Russia.
The headline CPI in the US held close to a 40-year high at 8.3% in April, while the core CPI also came at 6.2%,
Markets are priced for at least a half percentage point rate increase at each of the next two Fed meetings in June and July
Chinese gold demand falls in April
BUY GOLD JUN 2022 @ 50000 SL 49800 TGT 50350-50500.MCX
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