2026-08-05 09:43:28 am | Source: Kedia Advisory
Buy Gold OCT @ 143500 SL 142500 TGT 144500-145500. MCX - Kedia Advisory
GOLD
BUY GOLD OCT @ 143500 SL 142500 TGT 144500-145500. MCX
Observations
Gold trading range for the day is 142855-145315.
Gold nudged higher as investors weighed mixed signals on potential U.S.-Iran talks.
U.S. Treasury Secretary Bessent said a deal with Iran to reopen the Strait of Hormuz could be reached as soon as tomorrow.
Trump says Iran talks under way but Tehran denies Citi expects gold prices to stagnate or even decline over the next month, before rallying to $4,500 in the fourth quarte
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