2025-03-07 12:02:30 pm | Source: Kedia Advisory
Sell Gold Apr @ 86400 SL 86700 TGT 85850-85550. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 86400 SL 86700 TGT 85850-85550. MCX
Observations
Gold trading range for the day is 85075-86625.
Gold prices gained amid elevated geopolitical tensions and a sharp drop in the U.S. dollar index.
The US trade deficit widened to a record high in January, driven by a 10% surge in imports ahead of anticipated tariffs.
Fed’s Williams said that Trump administration tariffs will have some impact on driving up price pressures.
Gold remains well supported as central banks continue to buy in 2025 - World Gold Council
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