2026-03-17 11:57:47 am | Source: Kedia Advisory
BUY GOLD APR @ 154700 SL 153700 TGT 156000-157000. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 154700 SL 153700 TGT 156000-157000. MCX
Observations
Gold trading range for the day is 153460-158660.
Gold eased amid a strengthening US dollar and fading expectations for interest rate cuts
The persistent safe-haven appeal of gold remains as the US-Israeli war with Iran enters its third week.
Gold discounts in India widened to their deepest point in nearly a decade as demand stayed subdued.
Investors are monitoring reports of a potential multinational coalition to escort shipping, as de-escalation could dampen the risk premium.
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