2025-02-20 09:55:07 am | Source: Kedia Advisory
Buy Gold Apr @ 85700 SL 85400 TGT 86100-86400. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 85700 SL 85400 TGT 86100-86400. MCX
Observations
Gold trading range for the day is 85390-86850.
Gold dropped on profit booking after prices rose to an all time high amid trade war tensions
U.S. president said he intends to impose auto tariffs "in the neighbourhood of 25%"
Goldman Sachs raised its gold price forecast to $3,100 per ounce from $2,890 per ounce for end-2025.
Gold held in London vaults totalled 8,535 metric tons at the end of January, down 1.7% from the previous month - LBMA
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