2025-04-04 10:31:13 am | Source: Kedia Advisory
Sell Gold JUN @ 90400 SL 90700 TGT 90000-89700. MCX - Kedia Advisory
GOLD
SELL GOLD JUN @ 90400 SL 90700 TGT 90000-89700. MCX
Observations
Gold trading range for the day is 87370-92770.
Gold fell as a wider market selloff triggered by U.S. President Donald Trump's import tariffs infected bullion traders.
Trump said that he would impose a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries
Trump's tariffs drove a sharp slide in financial markets because of concerns they could dampen economic growth.
All eyes are on the U.S. non-farm payrolls report, due Friday, for further clues on the Federal Reserve's monetary policy path.
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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