Sell Gold Aug 2021 @ 47400 SL 47600 TGT 47150-46950.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47150-47500.
Gold prices inched higher as a subdued dollar and lower bond yields amid a mixed bag of U.S. labour data allayed investor concerns about a faster policy tightening.
Data showed U.S. companies in June hired the most workers in 10 months, but unemployment ticked higher.
On investors’ radar this week are minutes of the Fed’s latest meeting due to be published on Wednesday
The unemployment rate rose to 5.9% from 5.8% the previous month.
SELL GOLD AUG 2021 @ 47400 SL 47600 TGT 47150-46950.MCX
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