2025-05-02 09:50:09 am | Source: Kedia Advisory
Buy Gold Jun @ 92100 SL 91800 TGT 92400-92600. MCX - Kedia Advisory
Gold
BUY GOLD JUN @ 92100 SL 91800 TGT 92400-92600. MCX
Observations
Gold trading range for the day is 89320-97810.
Gold fell as easing trade tensions between the U.S. and its trading partners dented safe-haven appeal.
President Donald Trump said he has "potential" trade deals with India, South Korea and Japan.
Global gold demand rose by 1% year-on-year to 1,206 metric tons in the first quarter of 2025 as investment jumped 170% - WGC
Investors are now awaiting Friday's non-farm payrolls report for further insight into the Fed's policy direction.
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