Sell Gold Aug 2021 @ 47000 SL 47240 TGT 46780-46650.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46599-47295.
Gold dropped amid mixed cues from Fed officials on the approach the central bank could take to withdraw stimulus kept investors on their toes and muted gains.
Investors digest mixed signals from US Federal Reserve officials on interest rate hikes and awaited more economic data to gauge inflationary pressures.
Two Fed officials say inflation pressures may last some time
Markets broadly shrugged off U.S. PMI data that showed factory activity at a record high in June.
SELL GOLD AUG 2021 @ 47000 SL 47240 TGT 46780-46650.MCX
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