2026-02-17 11:18:50 am | Source: Kedia Advisory
Sell Gold APR @ 155800 SL 156800 TGT 154500-153500. MCX - Kedia Advisory
GOLD
SELL GOLD APR @ 155800 SL 156800 TGT 154500-153500. MCX
Observations
Gold trading range for the day is 153120-156370.
Gold dropped pressured by thin trading volumes as U.S. and China markets remained shut.
Fed’s Goolsbee said that interest rates could go down, but noted that services inflation remained high.
The U.S. CPI rose 0.2% in January after an unrevised 0.3% gain in December. Comex gold speculators cut net long position by 399 contracts to 93,038 in week to February 10 - CFTC
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