02-11-2021 11:54 AM | Source: Kedia Advisory
Sell Gold Apr 2021 @ 47800 SL 48550 TGT 48000-48250.MCX - Kedia Advisory
GOLD
Gold trading range for the day is 47518-48622.
Gold prices gained propelled by a softer dollar, while hopes a U.S. stimulus package will be passed bolstered the metal's appeal as an inflation hedge.
The U.S. Congress is expected to pass a $1.9 trillion coronavirus relief bill
Stimulus prospects were further aided by a budget outline approved by the Democrats last week allowing them to pass the package without Republican support
India's January gold imports surge 72% y/y to 62 T
SELL GOLD APR 2021 @ 47800 SL 48550 TGT 48000-48250.MCX
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