2025-05-26 11:20:50 am | Source: Kedia Advisory
Buy Gold Jun @ 96800 SL 87300 TGT 96200-95700. MCX - Kedia Advisory
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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