2025-01-23 11:04:26 am | Source: Kedia Advisory
Buy Gold Feb @ 79400 SL 79200 TGT 79700-79900. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 79150-79840.
Gold gains boosted by safe-haven buying as U.S. President Trump “is shaking things up” as the world marketplace nervously watches.
Trump threatening to impose a 10% tariff on all Chinese imports starting on February 1.
Gold stocks in COMEX-approved warehouses have jumped by a third in the past six weeks.
COMEX gold speculators raised net long positions by 17,994 contracts to 212,494 in the week to Jan. 14, data showed.
BUY GOLD FEB @ 79400 SL 79200 TGT 79700-79900. MCX
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