05-11-2022 11:37 AM | Source: Kedia Advisory
Buy Gold Jun 2022 @ 50400 SL 50150 TGT 50750-51000.MCX - Kedia Advisory
GOLD
Gold trading range for the day is 50131-51345.
Gold remained under pressure from a strong dollar and elevated Treasury yields
Investors continued to bet on further Federal Reserve tightening to bring decades-high inflation under control, even at the risk of some economic pain.
The Perth Mint's gold product sales in April fell 34% from the previous month
The Federal Reserve raised its benchmark overnight interest rate by 50 basis points, the biggest jump in 22 years
BUY GOLD JUN 2022 @ 50400 SL 50150 TGT 50750-51000.MCX
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