2026-08-26 10:21:28 am | Source: Kedia Advisory
Buy Gold OCT @ 162000 SL 161000 TGT 163200-164200. MCX - Kedia Advisory
GOLD
BUY GOLD OCT @ 162000 SL 161000 TGT 163200-164200. MCX
Observations
Gold trading range for the day is 160675-164905.
Gold eased amid profit-taking and a firmer dollar ahead of U.S. inflation data and remarks from Fed Chairman Warsh.
Iran vowed to retaliate against expanded U.S. economic sanctions that the Americans said would cut off Iran's economic lifeline.
Gold-backed ETFs attracted inflows of 46.7 metric tons ($6.4 billion) last week, the largest weekly demand in 10 months - WGC
China's July net gold imports via Hong Kong rise 11% m/m
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