Sell Gold Apr 2023 @ 57200 SL 57400 TGT 56900-56750. MCX - Kedia Advisory
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Gold
Observations
Gold Trading range for the day is 56680 - 57600
Gold dropped as the US dollar erased its losses while investors awaited key interest rate decisions from major central banks this week.
The Federal Reserve is widely expected to deliver a slower quarter-point increase on Wednesday
Investors await possible remarks from policymakers indicating whether the central bank could further warn against expectations of premature rate cuts
China's net gold imports via Hong Kong in December jumped by about 150% from the previous month
SELL GOLD Apr 2023 @ 57200 SL 57400 TGT 56900-56750. MCX
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