Sell Gold Oct @ 99300 SL 99800 TGT 98700-98300. MCX

2025-07-31 11:06:23 am | Source: Kedia Advisory

Sell Gold Oct @ 99300 SL 99800 TGT 98700-98300. MCX - Kedia Advisory

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GOLD

SELL GOLD OCT @ 99300 SL 99800 TGT 98700-98300. MCX

Observations

Gold trading range for the day is 98110-100280.

Gold dropped after stronger-than-expected US data, with GDP growth and private employment both topping forecasts.

The Fed held rates steady at 4.25%–4.50% for a fifth straight meeting, defying President Trump’s demands for cuts.

US and China are continuing discussions to extend a tariff truce set to expire in two weeks, with Trump expected to make the final decision.

Swiss gold exports surged 44% in June, hitting multi-year highs.

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Sell Gold Oct @ 99300 SL 99800 TGT 98700-98300. MCX - Kedia Advisory

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