01-01-1970 12:00 AM | Source: Kedia Advisory
Sell Gold Apr 2021 @ 44800 SL 45100 TGT 44450-44200.MCX - Kedia Advisory
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Gold

* Gold trading range for the day is 44339-45149.

* Gold prices edged lower as a firmer dollar outweighed a dip in U.S Treasury yields, ahead of testimony from Fed Chair Powell and Treasury Secretary Janet Yellen.

* Fed's Kaplan says he is among policymakers expecting rate hike in 2022

* Kaplan said that he expects the economy to grow by 6.5% in 2021 and for the unemployment rate to approach 4% by the end of this year

* Sales of new US single-family homes sank 18.2% to a seasonally adjusted annual rate of 775 thousand in February of 2021


SELL GOLD APR 2021 @ 44800 SL 45100 TGT 44450-44200.MCX

 

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