Sell Gold FEB 2023 @ 53950 SL 54150 TGT 53700-53550.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 52728-54518.
Gold gains as the dollar slipped after Fed’s Powell said central bank might scale back the pace of its interest rate hikes as soon as December.
But Powell also cautioned that the fight against inflation was far from over.
Traders see 91% chance of 50 bps rate hike in December
Focus on non-farm payrolls data due on Friday
SELL GOLD FEB 2023 @ 53950 SL 54150 TGT 53700-53550.MCX
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