Buy Gold Apr @ 83600 SL 83400 TGT 83900-84100. MCX

2025-02-05 10:09:01 am | Source: Kedia Advisory

Buy Gold Apr @ 83600 SL 83400 TGT 83900-84100. MCX - Kedia Advisory

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BUY GOLD APR @ 83600 SL 83400 TGT 83900-84100. MCX

Observations

Gold trading range for the day is 82585-84435.

Gold prices rose supported by safe-haven demand amid global trade uncertainties.

Global bullion banks are flying gold to the U.S. from hubs like Dubai and Hong Kong to take advantage of the high premium.

US President Trump said that he will pause the 25% tariffs on goods entering the United States from Mexico and Canada for one month.

Markets in top gold consumer China were closed for the Lunar New Year holidays and will resume trade on Wednesday.

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Buy Gold Apr @ 83600 SL 83400 TGT 83900-84100. MCX - Kedia Advisory

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