2025-05-30 10:32:21 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 93975-96445.
Gold gained as US data showed economic contraction and rising jobless claims.
Weekly jobless claims rose to 240,000, suggesting slower labor market recovery.
Fed minutes signal wait-and-see approach amid uncertainty over recent policy impacts.
Swiss gold imports from U.S. surged to record 63 tons in April post-tariff shift.
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