Sell Gold Aug @ 97400 SL 97700 TGT 97000-96700. MCX - Kedia Advisory

Gold
SELL GOLD AUG @ 97400 SL 97700 TGT 97000-96700. MCX
Observations
Gold trading range for the day is 96015-98175.
Gold eases as Iran-Israel ceasefire reduces safe-haven demand.
Downside limited by sharp U.S. dollar decline on dovish Fed expectations.
Trump may announce new Fed Chair by September–October, potentially favoring dovish stance.
U.S. Q1 2025 GDP contracts 0.5%, first decline in three years.









