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24/02/2021 2:15:04 PM | Source: Kedia Advisory
Gold trading range for the day is 46396-47188.
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Gold trading range for the day is 46396-47188.

Gold

Gold trading range for the day is 46396-47188.

Gold pared some losses after Fed’s Powell told the economy was a long way from the central bank's employment and inflation goals

Treasury yields edged up after the gap between 5- and 30-year yields touched the highest level in more than six years.

Fed's Powell says support for economy needed for 'some time'

The growing likelihood that Congress will pass Biden’s $1.9 trillion stimulus plan has raised concerns about a possible spike in inflation

BUY GOLD APR 2021 @ 46600 SL 46350 TGT 46950-47100.MCX

 

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