Buy Gold Oct 2021 @ 47000 SL 46750 TGT 47350-47550.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46587-48141.
Gold steadied as a worldwide spike in COVID-19 infections and some signs the economy is slowing in both China and the US offered some support
Still, a stronger dollar weighed as the Fed signalled it would start reducing asset purchases this year.
The US central bank seeing the potential to ease the bond-buying program if the economy continues to improve as expected.
Fed's Kashkari: 'Reasonable' to taper late this year or early next
BUY GOLD OCT 2021 @ 47000 SL 46750 TGT 47350-47550.MCX
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