Buy Gold Jun2021 @ 47000 SL 46850 TGT 47240-47450.MCX
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GOLD
Gold trading range for the day is 46582-47528.
Gold prices dropped pressured by a jump in U.S. Treasury yields and a firmer dollar ahead of the Federal Reserve policy decision.
U.S. consumer confidence jumped to a 14-month high in April
Goldman Sachs, however, sees gold prices at $2,000 an ounce over the next six months.
Benchmark U.S. 10-year Treasury yields jumped to their highest since April 13, increasing the opportunity cost of holding bullion
BUY GOLD JUN 2021 @ 47000 SL 46850 TGT 47240-47450.MCX
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