2026-10-15 11:34:46 am | Source: Kedia Advisory
Buy Gold DEC @ 145000 SL BELOW 144000 TGT 147000. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 145000 SL BELOW 144000 TGT 147000. MCX
Observations
Gold trading range for the day is 143700-149710.
Gold prices fell below $4,100, hitting their lowest level since early August.
Gold prices dropped as a stronger-than-expected US inflation report prompted markets to reassess the Fed’s rate outlook.
US inflation rose to 3.7% year-on-year in September, above forecasts of 3.6%, driven by higher energy prices.
Markets now see around a 50% chance of the Fed holding rates steady at its October meeting
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