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01-01-1970 12:00 AM | Source: Kedia Advisory
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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