Buy Gold Oct @ 150500 SL 149500 TGT 152000-153000. MCX - Kedia Advisory
Gold

BUY GOLD OCT @ 150500 SL 149500 TGT 152000-153000. MCX
Observations
Gold trading range for the day is 149135-152495.
Gold eased as a surge in oil prices stoked inflation concerns, boosting expectations that Fed may raise interest rates
Fed interest rate decision due on Wednesday
Traders price in 87% chance of Fed rate hike this week
For the week to Sept. 8, COMEX gold speculators cut net longs by 1,263 contracts to 139,548
