2025-02-24 11:10:58 am | Source: Kedia Advisory
Sell Gold Apr @ 86100 SL 86400 TGT 85700-85500. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 86100 SL 86400 TGT 85700-85500. MCX
Observations
Gold trading range for the day is 85260-86430.
Gold dropped on profit booking after price rose amid lingering concerns over U.S. tariff threats.
Furthermore, expectations that Trump's protectionist policies would reignite inflation could act as a tailwind for the bullion.
China’s domestic gold market improved in some areas in January with the central bank purchasing third straight month.
Physical gold demand among China and India remained negligible as buyers shied away from purchases.
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