2026-04-10 12:10:54 pm | Source: Kedia Advisory
Buy Gold JUN @ 152500 SL 151200 TGT 154000-155000. MCX - Kedia Advisory
Gold
BUY GOLD JUN @ 152500 SL 151200 TGT 154000-155000. MCX
Observations
Gold trading range for the day is 149620-155480.
Gold edged higher as investors weighed the fragility of the US-Iran ceasefire amid escalating Middle East conflict.
Fed officials favoured a two-sided framing of future rate decisions, highlighting that additional increases could be warranted if inflation persists..
Data showed that nonfarm payrolls increased by 178,000 jobs in March, the most since December 2024..
China continued its gold-buying spree, with the People's Bank of China extending purchases for the 17th consecutive month.
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