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2026-05-06 11:23:30 am | Source: Kedia Advisory
Buy Gold JUN @ 149000 SL 148000 TGT 150500-151500. MCX - Kedia Advisory
Buy Gold JUN @ 149000 SL 148000 TGT 150500-151500. MCX - Kedia Advisory

GOLD

BUY GOLD JUN @ 149000 SL 148000 TGT 150500-151500. MCX

Observations

Gold trading range for the day is 148595-151015.

Gold rebounded as oil prices eased, but persistent Middle East tensions and inflation concerns kept gains in check.

Ceasefire in Middle East tested amid renewed U.S.-Iran attacks The fragile ceasefire in the region appeared to be fraying once more as the U.S. and Iran launched attacks

Investors are also looking out for a slew of jobs data, including job openings, the ADP employment report.

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