2025-08-22 11:07:28 am | Source: Kedia Advisory
Sell Gold OCT @ 99700 SL 100100 TGT 99200-98800. MCX - Kedia Advisory
GOLD
SELL GOLD OCT @ 99700 SL 100100 TGT 99200-98800. MCX
Observations
Gold trading range for the day is 98635-99995.
Gold steadied as traders digest the Fed’s July meeting minutes and position ahead of Fed Powell’s remarks.
Initial Jobless Claims rose to 235K in the latest week, overshooting expectations of 225K.
Gold exports to the U.S. jumped to 51.0 metric tons in July, the highest since March – Swiss.
India’s gold ETF holdings rose 42% year-on-year to 66.68 tonnes as of June 30, 2025.
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