Buy Gold Jun 2022 @ 52800 SL 52600 TGT 53100-53350.MCX -
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GOLD
Gold trading range for the day is 52524-53344.
Gold settled lower as a firm dollar weighed on the prices.
Prices ended the week with gains amid concerns of an escalation in the Ukraine conflict after Putin described the on-and-off peace negotiations as “a dead-end situation.”
Data showed the US annual inflation rate rose 8.5% in March, accelerating at its fastest pace since December 1981.
Investors remained cautious as a strong inflation print bolstered the case for a more aggressive Federal Reserve policy tightening
BUY GOLD JUN 2022 @ 52800 SL 52600 TGT 53100-53350.MCX
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