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Sell Gold Aug 2021 @ 48250 SL 48500 TGT 47950-47700.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 48281-48677.
Gold prices will remain under pressure as the dollar and U.S. Treasury yields jumped after Fed officials projected interest rate hikes sooner than expected.
Concerns about rising prices have risen in the face of U.S. data showing a recent spike in consumer and producer prices.
For the second time in less than a decade, the Fed is getting ready to launch a debate over how and when to sunset a massive asset-purchase program
Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels
SELL GOLD AUG 2021 @ 48250 SL 48500 TGT 47950-47700.MCX
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