2026-10-13 10:08:19 am | Source: Kedia Advisory
Buy Gold DEC @ 148500 SL 147500 TGT 150000-151000. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 148500 SL 147500 TGT 150000-151000. MCX
Observations
Gold trading range for the day is 147665-152535.
Gold prices eased as a firm US dollar weighed and investors awaited key inflation data.
Stronger-than-expected readings could reinforce expectations of tighter monetary policy, pushing Treasury yields and the dollar higher.
Comex gold speculative net longs fell 9,599 contracts to 114,820
Gold demand in India was sluggish, while trading in China was subdued during the holiday-truncated trading period.
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