Buy Gold Oct 2021 @ 47350 SL 47150 TGT 47580-47740.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46823-47949.
Gold advanced as a surprise slowdown in U.S. jobs growth in August drove the dollar lower, casting doubts on the Federal Reserve’s tapering timeline.
U.S. job growth came in well below expectations in August amid a jump in COVID-19 infections.
Fed likely to announce taper in November, former Fed official says
Holdings of the SPDR Gold Trust were near their lowest since April 2020.
BUY GOLD OCT 2021 @ 47350 SL 47150 TGT 47580-47740.MCX
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