2025-07-24 10:17:32 am | Source: Kedia Advisory
Sell Gold Aug @ 99700 SL 100100 TGT 99200-98800. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 99700 SL 100100 TGT 99200-98800. MCX
Observations
Gold trading range for the day is 98410-101060.
Gold prices dipped as new US trade deals reduced safe-haven demand for the metal.
Trump’s “massive” trade pact with Japan sets 15% tariffs, lower than earlier threatened 25% rate.
EU trade talks with the US remain deadlocked, with Brussels preparing retaliation for a possible no-deal outcome.
Focus shifts to next week’s Fed meeting, with rates expected to stay unchanged for now.
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