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2026-07-03 09:38:22 am | Source: Kedia Advisory
Buy Gold Aug @ 145000 SL 144000 TGT 146000-147000 MCX - Kedia Advisory
Buy Gold Aug @ 145000 SL 144000 TGT 146000-147000 MCX - Kedia Advisory

Gold

BUY GOLD AUG @ 145000 SL 144000 TGT 146000-147000. MCX

Observations

Gold trading range for the day is 142495-148295.

Gold climbed, bolstered by soft jobs data, weaker oil and comments from the Fed chair.

Inflation risks and expectations have eased in recently - Fed Chair Kevin Warsh

Central banks were back in buying mode in May and, official gold reserves increased by a net 41 tons during the month - WGC

Gold started trading at a premium in India for the first time in a month and a half, as a price correction lifted buying.

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