2025-07-16 10:12:08 am | Source: Kedia Advisory
Sell Gold AUG @ 97600 SL 98000 TGT 97100-96800. MCX - Kedia Advisory
GOLD

SELL GOLD AUG @ 97600 SL 98000 TGT 97100-96800. MCX
Observations
Gold trading range for the day is 96385-98495.
Gold dips on US CPI data and hopes of trade deals before the August deadline
The US Consumer Price Index (CPI) rose to 2.7% (YoY) in June, with the core CPI at 2.9%.
Uncertainty regarding US economic policy continued to hamper the US dollar.
The Fed to hold interest rates steady within the 4.25% to 4.50% range in July.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer
Click Here