2025-05-15 12:13:16 pm | Source: Kedia Advisory
Sell Gold Jun @ 92600 SL 92900 TGT 92200-91800. MCX - Kedia Advisory
Gold
SELL GOLD JUN @ 92600 SL 92900 TGT 92200-91800. MCX
Observations
Gold trading range for the day is 91005-94295.
Gold fell as easing trade tensions between the US and China continued to weigh.
Annual US inflation rate eased to 2.3% in April—the lowest since February 2021 and below market expectations of 2.4%.
Gold ETFs recorded net inflows of 115 tons in April—the fifth consecutive monthly increase and the largest in over three years.
Attention now turns to upcoming retail sales and producer price data later this week for additional clues.
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