Sell Gold Dec 2022 @ 52500 SL 52700 TGT 52250-5210.MCX - Kedia Advisory
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Gold trading range for the day is 51822-52790.
Gold gained as softer-than-expected US inflation data raised hopes for peak inflation and a slower pace of interest rates hikes from the Federal Reserve.
The annual inflation rate in the US eased for a fourth straight month to 7.7% in October, rising at the slowest pace since January
Fed officials embrace 'gradual' rate hikes, still aim high
A spike in domestic prices put off most physical gold consumers in India and prompted dealers to offer discounts for the first time in about a month
SELL GOLD DEC 2022 @ 52500 SL 52700 TGT 52250-5210.MCX
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