02-12-2021 11:51 AM | Source: Kedia Advisory
Sell Gold Apr 2021 @ 47750 SL 48000 TGT 47400-47200.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 47044-48332.

Gold settled lower as the dollar recovered after initial weakness amid a rise in U.S. treasury yields.

Federal Reserve Chair Jerome Powell acknowledged that the "improvement in labor market conditions stalled" in the past few months

The number of Americans filing new applications for unemployment benefits inched down last week, consistent with a recent stalling in the labor market recovery

Gold imports in India for the month of January surged 72% from a year earlier.

SELL GOLD APR 2021 @ 47750 SL 48000 TGT 47400-47200.MCX

 

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