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2026-08-17 09:33:51 am | Source: Kedia Advisory
Buy Gold Oct @ 153500 SL 152500 TGT 154800-155800. MCX - Kedia Advisory
Buy Gold Oct @ 153500 SL 152500 TGT 154800-155800. MCX - Kedia Advisory

Gold

BUY GOLD OCT @ 153500 SL 152500 TGT 154800-155800. MCX

Observations

Gold trading range for the day is 150770-156820.

Gold advanced buoyed by a weaker dollar after in-line U.S. inflation readings tipped the scales in favor of an interest rate hold.

Fed's Barkin said a rate hike is still an 'open question.

Traders scale back Sept. rate hike bets to 31% - CME FedWatch

Gold discounts in India widened to more than two-month highs.

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