2025-02-19 10:54:02 am | Source: Kedia Advisory
Buy Gold Apr @ 86000 SL 85750 TGT 86350-86550. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 86000 SL 85750 TGT 86350-86550. MCX
Observations
Gold trading range for the day is 84880-86760.
Gold prices rose as uncertainty around U.S. President Trump's tariff plans continued to safe haven flows into bullion.
Bullion benefits from geopolitical and economic uncertainties, as well as rising price pressures.
Goldman Sachs raised its gold price forecast to $3,100 per ounce from $2,890 per ounce for end-2025
The market's focus has now shifted to the U.S. Federal Reserve's January meeting minutes due on Wednesday
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