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

 

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