Sell Gold Aug 2021 @ 47350 SL 47600 TGT 47050-46850.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 46937-47689.
Gold jumped on a weakened dollar as investors weighed up prospects for a tightening of U.S. Federal Reserve policy after the release of the monthly U.S. jobs report.
Data showed U.S. job growth accelerated in June as non-farm payrolls increased by 850,000 jobs after rising by 583,000 in May
The unemployment rate rose to 5.9% from 5.8% the previous month
The data follows suggestions from U.S. Federal Reserve officials that the central bank should begin to taper its asset purchases this year.
SELL GOLD AUG 2021 @ 47350 SL 47600 TGT 47050-46850.MCX
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