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.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer
Click Here