2025-02-03 11:39:01 am | Source: Kedia Advisory
Sell Gold Apr @ 82350 SL 82500 TGT 82100-81900. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 82350 SL 82500 TGT 82100-81900. MCX
Observations
Gold trading range for the day is 80715-84155.
Gold prices scaled an all-time high after U.S. president Donald trump reiterated his tariff threats.
US President Trump implemented a 25% Tariff on Imports from Mexico and Canada (10% on Canadian Energy), and a 10% additional Tariff on China.
Fed Chair Jerome Powell said inflation and jobs data would determine when easing would be appropriate.
U.S. economic growth slowed in the fourth quarter but consumer spending increased.
Disclaimer:
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