Sell Gold Apr 2023 @ 55350 SL 55600 TGT 55000-54780. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 54540-55940
Gold dropped as dollar surged past 105 after Fed Chair Powell said interest rates are ‘likely to be higher’ than previously anticipated.
Fed Chair Powell says rates may need to go higher & faster.
Fed policy rate futures price in a greater likelihood of a half-point rate hike in March.
Perth Mint's gold product sales in January rose by 6.2%.
SELL GOLD Apr 2023 @ 55350 SL 55600 TGT 55000-54780. MCX
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