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2025-08-13 10:45:47 am | Source: Kedia Advisory
Sell Gold Oct @ 100400 SL 100800 TGT 99800-99400. MCX - Kedia Advisory
Sell Gold Oct @ 100400 SL 100800 TGT 99800-99400. MCX - Kedia Advisory

Gold

SELL GOLD OCT @ 100400 SL 100800 TGT 99800-99400. MCX

Observations

Gold trading range for the day is 99445-100755.

Gold dropped after Trump said tariffs will not be placed on imported gold bars, easing jitters.

Trump has signed an executive order extending a pause in sharply higher U.S. tariffs on Chinese imports for another 90 days.

Trump will meet Russian President Vladimir Putin on August 15 in Alaska to negotiate an end to the war in Ukraine.

Traders are pricing in around a 93% chance of a Fed rate cut next month.

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