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Gold trading range for the day is 59470-60980 - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 59470-60980
Gold dropped after Fed officials flagged the need for anotherinterest rate hike.
U.S. benchmark Treasury yields at two-week high
Markets see 86% chance of 25 bps hike by Fed in May
Citi sees gold prices averaging $2,050 in 2023
SELL GOLD Jun 2023 @ 60400 SL 60600 TGT 60100-59900. MCX
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