Buy Gold Apr @ 83100 SL 82900 TGT 83400-83600. MCX

2025-02-04 11:01:47 am | Source: Kedia Advisory

Buy Gold Apr @ 83100 SL 82900 TGT 83400-83600. MCX - Kedia Advisory

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BUY GOLD APR @ 83100 SL 82900 TGT 83400-83600. MCX

Observations

Gold trading range for the day is 81095-84815.

Gold rose amid a wave of looser monetary policy from major central banks.

The US imposed 10% tariffs on China and 25% tariffs on Canada and Mexico.

Markets expect the Fed to deliver two rate cuts this year.

COMEX gold speculators cut net long position by 3,766 contracts to 230,592 in the week to Jan. 28.

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Buy Gold Apr @ 83100 SL 82900 TGT 83400-83600. MCX - Kedia Advisory

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