2026-10-14 10:27:47 am | Source: Kedia Advisory
Buy Gold Dec @ 148000 SL 147000 TGT 149500-150500. MCX - Kedia Advisory
Gold

BUY GOLD DEC @ 148000 SL 147000 TGT 149500-150500. MCX
Observations
Gold trading range for the day is 147190-150620.
Gold dropped as the US dollar climbed to an 18-month high ahead of key inflation reports.
Fed’s Waller said recent rise in US bond yields reflects stronger economic growth rather than higher inflation expectations.
BofA sees gold at $4,000/oz in 4Q26, expects average price of $4,813/oz in CY27
IMF highlighted risks from elevated public debt levels and rising bond yields that may be driven higher still by war-driven inflation pressures.
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