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Buy Gold Jun 2022 @ 50600 SL 50300 TGT 50900-51100.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50319-50975.
Gold dropped as impending interest rate hikes from Fed sparked a rally in the dollar, which, in turn, spooked investors away from the metal.
Still, the ongoing conflict between Russia and Ukraine and broadening inflationary pressures lifted the safe-haven bids for the precious metal.
U.S. private payrolls growth slows in April – ADP
Gold sales rebounded on Akshaya Tritiya after remaining subdued for past two years due to Covid-19
BUY GOLD JUN 2022 @ 50600 SL 50300 TGT 50900-51100.MCX
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