2025-05-16 11:22:57 am | Source: Kedia Advisory
Sell Gold JUN @ 93500 SL 93900 TGT 93000-92700. MCX - Kedia Advisory
GOLD
SELL GOLD JUN @ 93500 SL 93900 TGT 93000-92700. MCX
Observations
Gold trading range for the day is 89945-95055.
Gold rises as weak US data, Ukraine-Russia talks setback boost safe-haven demand
Fed Powell warns of more volatile inflation and rising real rates
Fed remains committed to its 2% inflation target, says anchored expectations are vital
US PPI unexpectedly falls, suggesting firms are absorbing tariff costs
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