Sell Gold Oct 2021 @ 47950 SL 48200 TGT 47750-47600.MCX - Kedia Advisory
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GOLD
Gold trading range for the day is 47683-48351
Gold prices remained in range as an uptick in risk appetite took some shine off the safehaven metal.
U.S. manufacturing continued to grow in July, though the pace slowed for the second straight month.
The S&P 500 index neared a record high as a $1 trillion infrastructure bill and strong second-quarter corporate earnings lifted sentiment.
Focus now shifts to July's U.S. non-farm payroll numbers, due on Friday that is expected to shed more light on the health of the labour market.
SELL GOLD OCT 2021 @ 47950 SL 48200 TGT 47750-47600.MCX
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