Buy Gold Apr @ 86000 SL 85700 TGT 86350-86550. MCX - Kedia Advisory
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Gold
BUY GOLD APR @ 86000 SL 85700 TGT 86350-86550. MCX
Observations
Gold trading range for the day is 85570-86820.
Gold gains amid growing concerns over U.S. President Trump’s tariffs plans, which could escalate global trade tensions.
US business activity slowed and consumer confidence waned, further boosting gold’s appeal.
Physical gold demand in China and India remained weak, as record-high prices deterred buyers.
Investors' focus will be on the PCE index, the Federal Reserve’s preferred inflation metric, due on Friday.
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