2025-07-18 09:51:01 am | Source: Kedia Advisory
Sell Gold AUG @ 97800 SL 98100 TGT 97300-97000. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 97800 SL 98100 TGT 97300-97000. MCX
Observations
Gold trading range for the day is 96565-98005.
Gold prices fell as evidence of a strong US economy limited the urgency for the Fed to cut interest rates.
Headline and control retail sales rose more than expected in June.
Initial unemployment claims fell for the fifth week to a three-month low.
Expect the Fed to hold interest rates steady within the 4.25% to 4.50% range in July - CME FedWatch Tool
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