2026-03-18 12:41:01 pm | Source: Kedia Advisory
SELL GOLD APR @ 157000 SL 158200 TGT 155500-154500. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 157000 SL 158200 TGT 155500-154500. MCX
Observations
Gold trading range for the day is 153800-158670.
Gold gains amid ongoing geopolitical risks and ahead of a series of key monetary policy decisions due this week.
Prices continues to draw support from sustained safe-haven demand, driven by heightened uncertainty surrounding the ongoing conflict in Iran.
Tensions escalated further after Iran launched fresh attacks on the UAE on Tuesday, raising the risk of a broader regional conflict.
However, rising energy prices have reignited inflation concerns, prompting investors to scale back expectations for interest rate cuts later this year.
Disclaimer:
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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.
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