07-01-2021 11:12 AM | Source: Kedia Advisory
Sell Gold Aug 2021 @ 46900 SL 47120 TGT 46750-46550.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 46272-47216.

Gold prices steadied with traders largely staying cautious as they look ahead to U.S. jobs data for clues about the Federal Reserve's monetary policy stance.

Fed’s Waller said that the central bank may need to start dialing down its massive asset purchase program as soon as this year.

St. Louis Fed President James Bullard had remarked last week that stronger than expected inflation had led him to anticipate a first Fed rate hike in 2022.

U.S. private payrolls increased more than expected in June as companies rushed to boost production and services amid a rapidly reopening economy

SELL GOLD AUG 2021 @ 46900 SL 47120 TGT 46750-46550.MCX

 

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