Sell Gold Apr 2022 @ 48950 SL 49100 TGT 48750-48550.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 48393-49271.
Gold prices edged up as a spike in U.S. consumer prices boosted the metal's appeal as an inflation hedge
But expectations that the data would support the case for aggressive interest rate hikes capped the gains
U.S. consumer prices post largest annual gain in 40 years
U.S. rate futures lift chances of 50 bps hike in March
SELL GOLD APR 2022 @ 48950 SL 49100 TGT 48750-48550.MCX
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