Sell Gold Oct 2021 @ 47700 SL 47900 TGT 47450-47300.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47245-48119.
Gold fell as a key Federal Reserve official’s hawkish comments reinforced bets for early tapering of the central bank’s bond-buying program.
Fed Vice Chair Richard Clarida suggested the central bank could begin tapering its asset purchases later this year.
India’s gold imports in July more than doubled from a year earlier to their highest level in three months as demand improved.
The release of the U.S. nonfarm payrolls report for July could shape the Fed’s policy outlook.
SELL GOLD OCT 2021 @ 47700 SL 47900 TGT 47450-47300.MCX
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