2025-06-05 11:27:14 am | Source: Kedia Advisory
Sell Gold Aug @ 98800 SL 99200 TGT 98300-98000. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 98800 SL 99200 TGT 98300-98000. MCX
Observations
Gold trading range for the day is 97310-9932
Gold gains as a series of weak US economic reports renewed concerns over the outlook.
The number of job openings on the last business day of April stood at 7.39 million versus 7.2 million prior.
Central banks added a net 12 tonnes of Gold to global Gold reserves in April, 12% lower than the previous month
Fed’s Cook said that although the US economy appears to be in a healthy position for the time being.
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