SELL GOLD JUN @ 96000 SL 96400 TGT 95500-95200. MCX - Kedia Advisory

GOLD
SELL GOLD JUN @ 96000 SL 96400 TGT 95500-95200. MCX
Observations
Gold trading range for the day is 94520-96890.
Gold slipped as traders booked profits and the U.S. dollar index rebounded to 99.7.
Moody’s downgraded U.S. credit rating, citing $36 trillion debt.
China’s gold imports surged 73% in April to an 11-month high of 127.5 metric tonnes.
Beijing expanded gold import quotas amid escalating trade tensions with the United States.










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