2025-05-29 09:46:54 am | Source: Kedia Advisory
Sell GOLD JUN @ 95600 SL 96000 TGT 95100-94700. MCX - Kedia Advisory
GOLD
SELL GOLD JUN @ 95600 SL 96000 TGT 95100-94700. MCX
Observations
Gold trading range for the day is 94520-96240.
Gold rose as traders bought dips ahead of key Fed meeting minutes release.
Goldman Sachs advised higher gold allocation due to rising institutional and geopolitical risks.
Gold imports to Switzerland from the United States jumped to the highest monthly level since at least 2012 in April
Focus is on U.S. GDP, PCE data, and comments from U.S. central bank officials.
Disclaimer:
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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