2026-03-10 12:28:07 pm | Source: Kedia Advisory
BUY GOLD APR @ 160000 SL 159000 TGT 161500-162500. MCX
Gold
BUY GOLD APR @ 160000 SL 159000 TGT 161500-162500. MCX
Observations
Gold trading range for the day is 158360-162480.
Gold fell as an escalating Iran war squeezed world energy supplies, boosted the dollar and dampened hopes of interest-rate cuts.
Fed’s Hammack said she sees no imminent need to change the stance of monetary policy in an economy where inflation is still “too high.”
China's central bank kept purchasing gold for a 16th straight months
BofA sees pathway for gold to hit $6,000/oz over next 12 months
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