Buy Gold Jun 2022 @ 50700 SL 50450 TGT 51000-51200.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 50450-51130.
Gold edged higher amid hopes the Federal Reserve might stop hiking rates during the later part of the year if rate hikes result in economic slowdown.
Fed set to hike rates by 50 bps again in June and July
China's gold imports via Hong Kong at 14 – month low as lockdowns bite
India’s Gold imports dipped by about 72 per cent to USD 1.72 billion during April, from USD 6.23 billion in the year-ago month.
BUY GOLD JUN 2022 @ 50700 SL 50450 TGT 51000-51200.MCX
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