Sell Gold Oct 2022 @ 50600 Si 50800 TGT 50100-50000. Mcx - Kedia Advisory
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GOLD
Gold trading range for the day is 50141-50797.
Gold prices fell as traders anticipated more interest rate increases by central banks to combat red-hot inflation.
U.S. private payrolls increased by 132,000 jobs in August after rising 270,000 in July
Fed's Mester: I don't expect the Fed cut rates next year
ECB policymakers consider a 75bps rate hike for their next meeting, citing elevated risks that inflation will become entrenched in expectations.
SELL GOLD OCT 2022 @ 50600 SL 50800 TGT 50100-50000.MCX
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