Buy Gold Oct 2021 @ 47750 SL 47500 TGT 48000-48200.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47713-48065.
Gold prices eased in a tight range as investors squared positions before U.S. jobs data later this week
Data showed U.S. manufacturing activity grew at a slower pace in July for the second straight month, pressuring the dollar and U.S. Treasury yields.
Investors now await July’s U.S. non-farm payroll numbers, due on Friday, following dovish commentary from Fed Chief Jerome Powell last week.
China's H1 gold output down 10% y/y on safety checks.
BUY GOLD OCT 2021 @ 47750 SL 47500 TGT 48000-48200.MCX
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