Buy Gold Apr @ 85750 SL 85550 TGT 86050-86250. MCX - Kedia Advisory

Gold
BUY GOLD APR @ 85750 SL 85550 TGT 86050-86250. MCX
Observations
Gold trading range for the day is 84900-86890.
Gold gains due to elevated geopolitical tensions and amid a sharp drop in the U.S. dollar index.
U.S. trade tariffs against Mexico, Canada and China went into effect Tuesday, with the targeted countries already retaliating.
Fed could restart cuts to short-term borrowing rates in June and follow up with another reduction in September.
India's gold demand improved in the second half of but remained lower than normal.






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