Buy Gold Oct 2021 @ 47000 SL 46800 TGT 47350-47600.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46520-47632.
Gold prices dropped as investors awaited August U.S. non-farm payrolls data due later this week.
Further hopes for more policy support overshadowed economic risks from a surge in COVID-19 cases.
The market is expecting an increase of 728,000 jobs, unemployment to fall to 5.2% from 5.4%, and average hourly earnings to rise 0.4% month-on-month.
China's net gold imports via Hong Kong fall 28.6% in July
Buy Gold Oct 2021 @ 47000 SL 46800 TGT 47350-47600.MCX
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