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2026-10-21 10:29:51 am | Source: Kedia Advisory
Buy Gold DEC @ 145200 SL BELOW 144200 TGT 147200. MCX - Kedia Advisory
Buy Gold DEC @ 145200 SL BELOW 144200 TGT 147200. MCX - Kedia Advisory

GOLD

BUY GOLD DEC @ 145200 SL BELOW 144200 TGT 147200. MCX

Observations

Gold trading range for the day is 144980-148120.

Gold prices fell as elevated oil prices heightened inflation concerns and reinforced expectations of tighter monetary policy.

Prices also faced pressure from a stronger US dollar and rising bond yields.

Fed is widely expected to keep interest rates unchanged next week, with markets pricing in roughly a 94% probability of a rate hike in December.
COMEX gold speculative net longs fell 3,741 contracts to 111,079-CFTC

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