08-05-2022 12:14 PM | Source: Kedia Advisory
Buy Gold OCT 2022 @ 51800 SL 51500 TGT 52250-52450.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 51424-52562.

Gold rose as a pullback in the dollar and U.S. Treasury yields provided support

U.S. 10-year Treasury yields slipped from their highest levels in more than a week

Brewing tensions between the US and China boosted demand for the safe-haven asset

San Francisco Fed President Mary Daly and Minneapolis Fed President Neel Kashkari voiced their determination to rein in high inflation.

BUY GOLD OCT 2022 @ 51800 SL 51500 TGT 52250-52450.MCX

 

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