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2026-05-13 11:30:48 am | Source: Kedia Advisory
Buy Gold JUN @ 152600 SL 151600 TGT 154200-155200. MCX - 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 151730-155100.

Gold fell amid heightened Middle East uncertainty and the prolonged shutdown of the Strait of Hormuz.

Trump stated that the US-Iran ceasefire was on "massive life support" after rejecting Tehran’s latest peace proposal.

Reports indicate Trump is set to meet with his national security team to discuss a potential restart of military operations.

US inflation accelerated to 3.8% in April, the highest since May 2023.

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