2026-06-19 09:34:01 am | Source: Kedia Advisory
Sell Gold Aug @ 150000 SL 151000 TGT 148500-147500. MCX - Kedia Advisory
Gold

SELL GOLD AUG @ 150000 SL 151000 TGT 148500-147500. MCX
Observations
Gold trading range for the day is 146365-154305.
Gold dropped as Fed signaled increasing support for rate hikes later this year.
Half of FOMC members now project at least one rate increase in 2026, while the central bank sharply raised its inflation forecasts.
Fed Chair Warsh stressed that inflation has remained above the Fed’s 2% target for several years
President Donald Trump signed an interim agreement to end the war with Iran and reopen the Strait of Hormuz
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