Sell Gold Apr @ 87450 SL 87650 TGT 87100-86900. MCX - Kedia Advisory

Gold
SELL GOLD APR @ 87450 SL 87650 TGT 87100-86900. MCX
Observations
Gold trading range for the day is 86700-88220.
Gold dropped as US dollar index rose above the 104.3 mark, reaching its highest level since March 4
President Trump hinted that there would be some flexibility regarding reciprocal tariffs.
Fed policymakers projected two quarter-point cuts later this year, the same median forecast as in December.
Discounts offered on gold in India touched a more than eight-month high as demand slumped after spot prices surged past record highs.










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