2025-02-14 09:00:02 am | Source: Kedia Advisory
BUY GOLD APR @ 85700 SL 85500 TGT 86000-86200. MCX - Kedia Advisory
GOLD
BUY GOLD APR @ 85700 SL 85500 TGT 86000-86200. MCX
Observations
Gold trading range for the day is 85420-86260.
Gold rose supported by a weaker dollar and growing worries over U.S. President Trump's tariff plans.
Ongoing trade war uncertainties kept the safe-haven metal's demand intact. Fed’s Jerome Powell reiterated that the central bank was in no rush to cut interest rates.
PBoC increasing its reserves for the third consecutive month in January.
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