Buy Gold JUN 2021 @ 47400 SL 47200 TGT 47750-47950.MCX- Kedia Advisory
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GOLD
* Gold trading range for the day is 47074-47712.
* Gold prices slipped weighed down by higher Treasury yields and a stronger dollar after a sharp rise in U.S. consumer prices boosted expectations of early interest rate hikes
* U.S. consumer prices post largest gain since 2009
* 10-year Treasury yields climb to over 1-month high
* The Fed has pledged to keep interest rates low until the economy reaches full employment, and inflation hits 2% and is on track to "moderately" exceed that level for some time
BUY GOLD JUN 2021 @ 47400 SL 47200 TGT 47750-47950.MCX
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