2025-06-02 11:26:59 am | Source: Kedia Advisory
BUY GOLD AUG @ 95500 SL 95100 TGT 96000-96400. MCX - Kedia Advisory
GOLD
BUY GOLD AUG @ 95500 SL 95100 TGT 96000-96400. MCX
Observations
Gold trading range for the day is 94980-96740.
Gold fell as strong U.S. income data reduced urgency for Fed rate cuts.
Fed signals reduced likelihood of near-term easing, increasing gold’s opportunity cost.
Trump accused China of violating trade deal, reviving trade war fears. India gold demand muted as prices rise, wedding season nears end.
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