Buy Gold Apr @ 87500 SL 87200 TGT 87900-88200. MCX - Kedia Advisory

Gold
BUY GOLD APR @ 87500 SL 87200 TGT 87900-88200. MCX
Observations
Gold trading range for the day is 86710-89010.
Gold fell amid pressure from a stronger dollar on increased bets that U.S. interest rates will remain unchanged in the near-term.
Fed indicated it was in no rush to cut interest rates further this year due to uncertainties around U.S. tariffs.
Discounts offered on gold in India touched a more than eight-month high as demand slumped.
India's gold imports are set to tumble 85% in February from a year-ago to their lowest in 20 years.









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