Sell Gold Oct 2021 @ 46250 SL 46500 TGT 45950-45750.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 45905-47941.
Gold prices slid after a strong U.S. jobs report boosted expectations the Federal Reserve could begin tapering its economic support sooner than previously anticipated.
The U.S. non-farm payrolls (NFP) report showed 943,000 jobs were added last month, exceeding expectations for a gain of 870,000.
The dollar and benchmark 10-year Treasury yields also rose after the data, dealing a further blow to bullion's appeal.
India flips to small premiums, demand still muted across top hubs.
SELL GOLD OCT 2021 @ 46250 SL 46500 TGT 45950-45750.MCX
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