Yesterday Gold prices corrected sharply by 0.57% By Anuj Gupta, Angel Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The safe-haven dollar rallied as Federal bank may come out with positive stance on US economy after two days meeting. Strong dollar and increasing bond yield putting pressure on gold and silver.
As of now traders can go for sell in gold at 48900 levels with the stop loss of 49100 levels for the target of 48200 levels. They can also go for sell in silver at 66000 with the stop loss of 66700 for the target of 64800 levels.
Above views are of the author and not of the website kindly read disclaimer
Tag News
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
More News
Gold Outlook – May 2022 by Chirag Mehta & Ghazal Jain, Quantum AMC
