09-08-2022 10:59 AM | Source: Kedia Advisory
Buy Gold Oct 2022 @ 50300 Sl 50100 Tgt 50600-50750.Mcx - Kedia Advisory
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GOLD

Gold trading range for the day is 49821-50877.

Gold gains as bargain hunters took advantage of recent losses, although a robust dollar and prospects of aggressive interest rate hikes dominated sentiment.

Hawkish U.S. Fed will keep gold pressured

Dollar rally to 20-year highs continues

ECB expected to deliver a second big rate hike on Thursday

BUY GOLD OCT 2022 @ 50300 SL 50100 TGT 50600-50750.MCX

 

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