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2026-06-16 09:52:05 am | Source: Kedia Advisory
Sell Gold Aug @ 154000 SL 155000 TGT 152800-151800. MCX - Kedia Advisory
Sell Gold Aug @ 154000 SL 155000 TGT 152800-151800. MCX - Kedia Advisory

Gold

SELL GOLD AUG @ 154000 SL 155000 TGT 152800-151800. MCX

Observations

Gold trading range for the day is 151895-154385.

Gold rose after U.S. and Iran officials said they had reached a deal to end their conflict.

U.S. and Iranian officials said they had agreed on a peace framework for a deal to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz.

Gold demand in India improved slightly as softer prices drew in jewellery buyers even as caution prevailed, while premiums in China eased.

ANZ lowers year – end gold price forecast to $5,200/oz from $5,600/oz

 

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