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Buy Gold Aug 2022 @ 50300 SL 50100 TGT 50600-50800.MCX - Kedia Advisory
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Gold
Gold trading range for the day is 49753-51893.
Gold prices slumped as expectations about a more aggressive Fed than previously thought.
Fed cemented expectations for an extended monetary tightening path, with multiple policymakers advocating for another aggressive 75bps rate hike in July
The European Central Bank is also poised to join its G7 counterparts in the tightening of monetary policy
India gold imports surged three-fold in June
BUY GOLD AUG 2022 @ 50300 SL 50100 TGT 50600-50800.MCX
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