Buy Gold Oct 2021 @ 47450 SL 47250 TGT 47850-48100.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 47346-47864.
Gold prices held steady helped by speculation that a spike in coronavirus cases may prompt the U.S. Federal Reserve to defer its tapering of monetary stimulus.
The spread of the Delta coronavirus variant has raised doubts about economic growth
Many officials present at the Fed meeting believed that inflation has reached target according to July Fed meeting minutes.
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 @ 47450 SL 47250 TGT 47850-48100.MCX
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