2025-06-17 10:29:50 am | Source: Kedia Advisory
Sell Gold Aug @ 99500 SL 99900 TGT 99000-98600. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 99500 SL 99900 TGT 99000-98600. MCX
Observations
Gold trading range for the day is 97440-101950.
Gold slipped on profit booking after hitting record high on MCX of 1,01,078 per 10 gram.
Soft U.S. inflation data boosts hopes for September rate cut.
Goldman sees gold hitting $3,700 by end-2025, $4,000 later.
Market awaits U.S. Fed decision and forward guidance on cuts.
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