2026-05-12 11:57:16 am | Source: Kedia Advisory
Buy Gold JUN @ 152600 SL 151600 TGT 154200-155200. MCX - Kedia Advisory
GOLD
BUY GOLD JUN @ 152600 SL 151600 TGT 154200-155200. MCX
Observations
Gold trading range for the day is 150265-156135.
Gold gains as traders digested another setback in Middle East peace talks while awaiting further developments.
China gold production slips in first quarter, consumption rises
BofA Global Research and Goldman Sachs are the latest brokerages to revise their U.S. Federal Reserve rate calls to later dates
U.S. inflation data for April is due this week after jobs report showed that U.S. employment increased more than expected in April.
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