Sell Gold Apr 2023 @ 57300 SL 57550 TGT 56950-56800. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 56800-57590
Gold steadied as Federal Reserve Chair Jerome Powell’s latest remarks sounded less hawkish than markets anticipated.
Fed’s Kashkari was among the latest officials to warn that the US central bank will likely have to hike rates to at least 5.4% to rein on inflation
Commerzbank sees gold price of $1,850/oz by mid-year and of $1,950/oz by year’s end
Venezuela central bank's gold reserves sink 13% in 2022
SELL GOLD Apr 2023 @ 57300 SL 57550 TGT 56950-56800. MCX
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