2026-08-20 10:04:35 am | Source: Kedia Advisory
Buy Gold OCT @ 157000 SL 156000 TGT 158200-159200. MCX - Kedia Advisory
GOLD
BUY GOLD OCT @ 157000 SL 156000 TGT 158200-159200. MCX
Observation
Gold trading range for the day is 151715-161375.
Gold rebounded as the U.S. dollar weakened and global bond yields eased from multi-decade highs.
Bond selloff slows after yields rallied to multi-decade highs
September rate-hold probability 67%, according to CME FedWatch Tool
Markets awaited minutes from the Fed's latest policy meeting for clues on its interest rate outlook amid persisting inflation risks.
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