2025-04-30 12:15:20 pm | Source: Kedia Advisory
Sell Gold Jun @ 95800 SL 96100 TGT 95400-95200. MCX - Kedia Advisory
Gold
SELL GOLD JUN @ 95800 SL 96100 TGT 95400-95200. MCX
Observations
Gold trading range for the day is 94705-96245
Gold dropped as easing trade-war concerns curbed demand for safe-haven assets.
Treasury Secretary Scott Bessent said that many top U.S. trading partners have made "very good" tariff proposals.
China's recent move to exempt certain U.S. goods from its retaliatory tariffs signaled a willingness to de-escalate tensions.
President Trump will soon announce moves to reduce the impact of his automotive tariffs.
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