2026-07-30 09:59:51 am | Source: Kedia Advisory
Buy Gold trading range for the day is 139970-143000. MCX - Kedia Advisory
Gold

BUY GOLD AUG @ 141500 SL 140500 TGT 142500-143500. MCX
Observations
Gold trading range for the day is 139970-143000.
Gold gained on short covering after pressured by a firm dollar and elevated U.S. Treasury yields
Fed left the federal funds rate unchanged at 3.50%–3.75% for a fifth consecutive meeting in July 2026.
Commerzbank lowers year-end gold price forecast to $4,500 per troy ounce (previously: $4,800)
Investors also await the U.S. Personal Consumption Expenditures data for June, the Fed's preferred inflation gauge, due on Thursday.
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