Sell Gold OCT @ 107400 SL 108000 TGT 106700-106000. MCX - Kedia Advisory
GOLD

SELL GOLD OCT @ 107400 SL 108000 TGT 106700-106000. MCX
Observations
Gold trading range for the day is 105385-108135.
Gold hits record high above 1,06,900 on Fed easing hopes, safe-haven demand.
Powell’s cautious remarks fueled bets on September rate cut decision.
Tariff uncertainty and legal battles increased demand for safe-haven assets.
SPDR Gold Trust holdings jumped 1.01%, highest since August 2022.
