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2026-07-13 09:26:36 am | Source: Kedia Advisory
Sell Gold Aug @ 144500 SL 145500 TGT 143000-142000 MCX - Kedia Advisory
Sell Gold Aug @ 144500 SL 145500 TGT 143000-142000 MCX - Kedia Advisory

Gold

SELL GOLD AUG @ 144500 SL 145500 TGT 143000-142000. MCX

Observations

Gold trading range for the day is 142220-145690.

Gold edged lower as rising crude oil prices and escalating U.S.-Iran tensions.

Fed's minutes showed growing concern about inflation, with some policymakers favouring a rate hike before rates were left unchanged.

Gold traded at a wide discount in India as price volatility weighed, while demand in China remained steady

Investors are now watching U.S. inflation data due next week and testimony from Fed Chair Kevin Warsh.

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