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2025-05-19 10:23:02 am | Source: Kedia Advisory
SELL GOLD JUN @ 93200 SL 93600 TGT 92700-92300. MCX - Kedia Advisory
SELL GOLD JUN @ 93200 SL 93600 TGT 92700-92300. MCX - Kedia Advisory

GOLD

SELL GOLD JUN @ 93200 SL 93600 TGT 92700-92300. MCX

Observations

Gold trading range for the day is 90600-94470.

Gold dropped as increased risk appetite from the U.S.-China trade agreement weighed.

Washington and Beijing announced a 90-day pause, while they work out the details to end their tit-for-tat trade war.

Physical gold demand improved across most key Asian hubs amid pullback in global prices.

Indian dealers were offering a discount of up to $34 an compared to last week's discount of up to $16.

 

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