Sell Gold Dec 2022 @ 52800 SL 53000 TGT 52550-52400.MCX - Kedia Advisory
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GOLD
* Gold trading range for the day is 52392-52888.
* Gold climbed buoyed by fading Treasury yields, while the negative sentiment around the dollar lent further optimism to bulls.
* Fed considers slower rate increases to be appropriate
* The Federal Reserve raised the target range for the federal funds rate by 75bps to 3.75%- 4% during its November 2022 meeting
* In India, discounts offered up to $21 an ounce over official domestic prices compared with last week's $26 discounts.
SELL GOLD DEC 2022 @ 52800 SL 53000 TGT 52550-52400.MCX
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