2025-07-14 09:40:30 am | Source: Kedia Advisory
Buy Gold Aug @ 97500 SL 97200 TGT 98000-98400. MCX - Kedia Advisory
GOLD
BUY GOLD AUG @ 97500 SL 97200 TGT 98000-98400. MCX
Observations
Gold trading range for the day is 96755-98605.
Gold rose as safe-haven demand strengthened amid Trump’s escalating global trade tariff threats.
Trump announced a 35% tariff on Canadian imports starting August 1 to pressure trade partners.
Initial US jobless claims fell for a fourth week, signaling continued labor market strength.
Trump called for a massive 300 bps Fed rate cut, spurring dovish policy speculation.
Disclaimer:
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