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2026-07-08 10:46:38 am | Source: Kedia Advisory
Buy Gold AUG @ 144000 SL 143000 TGT 145500-146500 MCX - Kedia Advisory
Buy Gold AUG @ 144000 SL 143000 TGT 145500-146500 MCX - Kedia Advisory

Gold

BUY GOLD AUG @ 144000 SL 143000 TGT 145500-146500. MCX

Observations

Gold trading range for the day is 144090-147220.

Gold dropped as dollar strengthened and traders priced in a higher chance that Fed would keep interest rates elevated.

The Iran war also kept concern that inflation could remain sticky despite peace talks.

China’s central bank continued its gold-buying streak for a 20th month, with reserves reaching 75.44 million fine troy ounces.

Perth Mint's gold product sales hit a two-month high in June, up 53% from May

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