Sell Gold Dec 2022 @ 52700 SL 52900 TGT 52500-52350.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 52265-53151.
Gold settled down weighed down by hawkish US Federal Reserve messaging which suggested more rate hikes than markets anticipated
Fed’s Bullard said that the policy rate is not sufficiently restrictive and suggested that it could reach the 5% to 7% range.
San Francisco Fed President Mary Daly also emphasized that a pause is “off the table”
Physical gold dealers in India were forced to offer the biggest discounts in four months as a jump in domestic prices hit demand
SELL GOLD DEC 2022 @ 52700 SL 52900 TGT 52500-52350.MCX
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