Buy Gold Oct 2021 @ 47060 SL 46850 TGT 47350-47480.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46845-47649.
Gold retreated as the dollar ticked higher and investors hoped for a timeline for the tapering of economic support from the Fed at Jackson Hole symposium.
Investors remain divided over whether they will get a roadmap on when the U.S. central bank may start trimming its bond-buying program
Jerome Powell is to speak on Friday at the Fed's annual economic symposium at Jackson Hole, which had to be moved online because of a U.S. COVID-19 surge.
Data showed U.S. business activity growth slowed in August, while Asia’s robust economic recovery from last year lost steam.
BUY GOLD OCT 2021 @ 47060 SL 46850 TGT 47350-47480.MCX
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