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01-06-2022 11:21 AM | Source: Kedia Advisory
Sell Gold FEB 2022 @ 48200 SL 48400 TGT 47900-47750.MCX - Kedia Advisory
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GOLD

Gold trading range for the day is 47696-48332.

Gold prices rose as demand for the safe-haven metal was boosted by worries over a surge in COVID-19 cases of the Omicron variant

U.S. private payrolls surge as Omicron threat looms over economy

Fed's Kashkari says view is two rate hikes this year, previous saw no hike until 2024

Markets have ramped up bets on a quarter percentage point rate increase by March and fully priced one in by May.

SELL GOLD FEB 2022 @ 48200 SL 48400 TGT 47900-47750.MCX

 

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