2025-04-09 12:15:30 pm | Source: Kedia Advisory
Sell Gold Jun @ 87900 SL 88100 TGT 87600-87400. MCX - Kedia Advisory
Sell Gold Jun @ 87900 SL 88100 TGT 87600-87400. MCX  - Kedia Advisory

Gold 

SELL GOLD JUN @ 87900 SL 88100 TGT 87600-87400. MCX

Observations

Gold trading range for the day is 86725-88905.

Gold rose as concerns that an escalating trade war could trigger a global recession drove haven demand.

President Trump threatened to impose an additional 50% duty on China starting Wednesday.

China's gold reserves stood at 73.7 million fine troy ounces at the end of March, up from 73.61 million ounces of February.

Along with consumer inflation data on Thursday and the producer price report on Friday, will be closely watched for further insights

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