Sell Gold Apr 2023 @ 59800 SL 60000 TGT 59600-59400. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 59260-60240
Gold remained pressured after Fed officials kept the door open tomore rate hikes
Fed policymakers suggested more monetary tightening would beneeded to tame inflation, even after the recent turmoil in thebanking sector
Gold consumers China slowed purchases as a steady rise indomestic prices started to bite, forcing dealers to offer discountsfor the first time in months
In India dealers to offer discounts of up to $26 an ounce easingfrom the more than one-year high discounts of $57 last week
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