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2026-07-02 09:36:36 am | Source: Kedia Advisory
Buy Gold Aug @ 142500 SL 141500 TGT 144000-145000 MCX - Kedia Advisory
Buy Gold Aug  @ 142500 SL 141500 TGT 144000-145000 MCX - Kedia Advisory

Gold

BUY GOLD AUG @ 142500 SL 141500 TGT 144000-145000. MCX

Observations

Gold trading range for the day is 138495-148545.

Gold prices surged as investors parsed comments from new Federal Reserve Chair Kevin Warsh and fresh US-Iran tensions.

Fed Chair Warsh says they are not happy with inflation above 2%

Fed’s Hammack said she may advocate for higher rates if inflation pressures don't moderate.

Markets monitored updates from US-Iran peace talks in Qatar, though direct negotiations between the two sides remained unlikely.

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