SELL GOLD AUG @ 98000 SL 98400 TGT 97500-97200. MCX

2025-07-15 11:27:58 am | Source: Kedia Advisory

SELL GOLD AUG @ 98000 SL 98400 TGT 97500-97200. MCX - Kedia Advisory

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SELL GOLD AUG @ 98000 SL 98400 TGT 97500-97200. MCX

Observations

Gold trading range for the day is 97080-98800.

Gold pared gains on profit booking after prices gained amid persistent trade uncertainty.

Trump set a 30% tariff on EU and Mexico, citing large US trade deficits.

EU and Mexico called the tariffs unfair, with EU extending countermeasure suspensions into August.

Comex gold speculators cut net long position by 1,855 contracts to 134,842 in week to July 8 - CFTC

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SELL GOLD AUG @ 98000 SL 98400 TGT 97500-97200. MCX - Kedia Advisory

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