Buy Gold Jun @ 96800 SL 87300 TGT 96200-95700. MCX

2025-05-26 11:20:50 am | Source: Kedia Advisory

Buy Gold Jun @ 96800 SL 87300 TGT 96200-95700. MCX - Kedia Advisory

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GOLD

BUY GOLD JUN @ 96800 SL 87300 TGT 96200-95700. MCX

Observations

Gold trading range for the day is 95180-97170.

Gold climbed as renewed trade tensions fueled risk aversion.

President Trump proposed a 50% tariff on imports from the European Union starting June 1.

Support also seen not only by trade concerns but also by growing unease over the US fiscal outlook.

Prices also found support from rising geopolitical tensions, following reports that Israel may target Iranian nuclear facilities.

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Buy Gold Jun @ 96800 SL 87300 TGT 96200-95700. MCX - Kedia Advisory

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