2025-02-18 11:35:56 am | Source: Kedia Advisory
Sell Gold Apr @ 85200 SL 85400 TGT 84900-84700. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 85200 SL 85400 TGT 84900-84700. MCX
Observations
Gold trading range for the day is 84475-85545.
Gold prices rose supported by a weaker dollar and fears of an impending trade war.
Trump directed his economic team to formulate plans for reciprocal tariffs on every country that imposes taxes on U.S. imports.
Uncertainty over the Trump administration's policies on trade, tariffs and broader foreign policy continues to support bullion.
Gold demand weakened in India as record prices curbed retail buying and forced dealers to offer discounts.
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