Sell Gold Apr 2023 @ 58250 SL 58500 TGT 57950-57750. MCX - Kedia Advisory
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Gold
Gold trading range for the day is 57450-58810
Gold dropped as risk sentiment improved after Credit Suisse secured a lifeline.
The ECB lifted interest rates by 50bps as initially pledged, pushing borrowing costs to fresh 2008 highs, aiming to fight high inflation
Commerzbank sees gold prices at $1,800/t in Q223
Market largely pricing in Fed pausing rate hikes
SELL GOLD Apr 2023 @ 58250 SL 58500 TGT 57950-57750. MCX
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