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2026-09-08 10:58:46 am | Source: Kedia Advisory
Buy Gold OCT @ 151500 SL 150500 TGT 153000-154000. MCX - Kedia Advisory
Buy Gold OCT @ 151500 SL 150500 TGT 153000-154000. MCX - Kedia Advisory

GOLD

BUY GOLD OCT @ 151500 SL 150500 TGT 153000-154000. MCX

Observations

Gold trading range for the day is 151210-154100.

Gold settled flat as strong U.S. jobs data reinforced expectations for higher interest rates.

US nonfarm payrolls blow past expectations in August CFTC data showed COMEX gold speculators trimmed net longs by 10,504 contracts to 140,811

PBOC extended its gold-buying streak to a 22nd consecutive month, lifting its holdings to 76.73 million fine troy ounces.

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