Buy Gold Oct 2022 @ 51200 SL 51000 TGT 51600-51800.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 51138-51904.
Gold prices settled flat as a slowing US economy prompted markets to scale back hawkish expectations from the Federal Reserve.
Fed Chair Jerome Powell saying that it will likely become appropriate to slow the pace of rate increases depending on the flow of data.
Data last week showed the US economy shrank for a second straight quarter, fueling recession fears
UAE gold jewellery demand surges 80% on improved sentiment
BUY GOLD OCT 2022 @ 51200 SL 51000 TGT 51600-51800.MCX
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