08-01-2022 11:55 AM | Source: Kedia Advisory
Buy Gold Oct 2022 @ 51200 SL 51000 TGT 51500-51700.MCX - Kedia Advisory
GOLD
Gold trading range for the day is 51161-51927.
Gold steadied supported by a softer dollar and bets that the Federal Reserve may cool the pace of rate hikes as economic risks deepen.
The U.S. economy contracted in the second quarter
Higher domestic prices slow buying in major consumer India
China's demand for gold jewellery, bars and coins is expected to fall year-on-year in the second half of 2022
BUY GOLD OCT 2022 @ 51200 SL 51000 TGT 51500-51700.MCX
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