2025-07-10 10:51:36 am | Source: Kedia Advisory
Sell Gold Aug @ 96800 SL 97200 TGT 96300-96000. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 96800 SL 97200 TGT 96300-96000. MCX
Observations
Gold trading range for the day is 95510-97040.
Gold fell as a tempered Federal Reserve dovish outlook offset concerns over renewed trade tensions.
Most Fed officials see a rate cut likely appropriate this year despite recent inflation pressures.
China’s gold reserves stood at 73.90 million fine troy ounces at the end of June, up slightly from 73.83 million ounces at the end of May.
Gold ETFs drew largest inflow in five years during first half of 2025, WGC says
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