Buy Gold Apr @ 87750 SL 87550 TGT 88150-88350. MCX

2025-03-17 10:12:44 am | Source: Kedia Advisory

Buy Gold Apr @ 87750 SL 87550 TGT 88150-88350. MCX - Kedia Advisory

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BUY GOLD APR @ 87750 SL 87550 TGT 88150-88350. MCX

Observations

Gold trading range for the day is 87330-88640.

Gold climbed, hitting a fresh record high and testing the $3,000 milestone,

Support seen amid driven by risk aversion and rising expectations of Federal Reserve rate cuts.

Recent US PPI and CPI data signaled easing price pressures in February, giving the Fed more room to cut rates

Further supporting the metal are strong ETF demand and sustained central bank buying

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Buy Gold Apr @ 87750 SL 87550 TGT 88150-88350. MCX - Kedia Advisory

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