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Sell Gold Aug 2021 @ 47700 SL 47900 TGT 47450-47300.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47252-47802.
Gold ticked up as the dollar softened and U.S. real yields plunged to a record low.
Though gains were kept in check on investor caution ahead of a Federal Reserve policy meeting that could provide details on the tapering of asset purchase.
Providing a further boost to the metal, the yield on 10-year Treasury inflation-protected securities hit a record low of -1.147%.
China's net gold imports via Hong Kong jump 41.8% in June.
SELL GOLD AUG 2021 @ 47700 SL 47900 TGT 47450-47300.MCX
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