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2026-03-11 11:51:38 am | Source: Kedia Advisory
SELL GOLD APR @ 164000 SL 165500 TGT 162500-161200. MCX - Kedia Advisory
SELL GOLD APR @ 164000 SL 165500 TGT 162500-161200. MCX  - Kedia Advisory

Gold

SELL GOLD APR @ 164000 SL 165500 TGT 162500-161200. MCX

Observations

Gold trading range for the day is 160505-164975.

Gold prices rose supported by a weaker dollar and easing energy costs

Trump predicts the war in the Middle East could be over soon

China's central bank kept purchasing gold for a 16th straight months, with holdings totalling 74.22 million fine troy ounces.

Bank of America sees a pathway for gold to hit $6,000 an ounce over the next 12 months

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