2026-02-23 11:00:37 am | Source: Kedia Advisory
Buy Gold Apr @ 156500 SL 155500 TGT 158000-159500. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 156500 SL 155500 TGT 158000-159500. MCX
Observations
Gold trading range for the day is 153880-158900.
Gold rose as U.S. military buildup in the Middle East and potential Iran strike fears boosted demand.
U.S. President Donald Trump said he has signed documents to impose a 10% tariff on imports from all countries, which will be "effective almost immediately."
Goldman Sachs sees gold prices to grind higher to $5,400/toz by end – 2026 Goldman expects a further 50 basis points of Fed easing in 2026.
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