2025-08-11 11:26:22 am | Source: Kedia Advisory
Sell Gold Oct @ 101800 SL 102300 TGT 101200-100800. MCX - Kedia Advisory
Gold
SELL GOLD OCT @ 101800 SL 102300 TGT 101200-100800. MCX
Observations
Gold trading range for the day is 100925-102685.
Gold makes an all-time high after a report that US had imposed tariffs on imports of 1-kg gold bars.
The price spread between New York futures and spot prices widened by more than $100. China's central bank added gold to its reserves in July, its ninth consecutive month of purchases.
CME Group's FedWatch Tool indicating a 91% probability of a 25-basis-point reduction next month.
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