Powered by: Motilal Oswal
2026-03-25 10:24:52 am | Source: Kedia Advisory
SELL GOLD APR @ 138000 SL 1370000 TGT 140000-142000. MCX - Kedia Advisory
SELL GOLD APR @ 138000 SL 1370000 TGT 140000-142000. MCX - Kedia Advisory

Gold

SELL GOLD APR @ 138000 SL 1370000 TGT 140000-142000. MCX

Observations

Gold trading range for the day is 134160-143180.

Gold prices fell pressured by a firm U.S. dollar and fading hopes for near-term Federal Reserve interest rate cuts.

Investors trimmed bets on a Fed rate hike in December to roughly 13%, from just above 25% in the prior session

Registered COMEX gold inventory fell to 16.51 MOz, lowest since November 6.

Money managers increased their bullish gold bets by 3,684 net-long positions to 105,920 in the week ending March 17.

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here