2025-02-04 11:01:47 am | Source: Kedia Advisory
Buy Gold Apr @ 83100 SL 82900 TGT 83400-83600. MCX - Kedia Advisory
Gold
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.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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