2026-06-18 09:44:34 am | Source: Kedia Advisory
Sell Gold Aug @ 154800 SL 155800 TGT 153200-152200. MCX - Kedia Advisory
Gold
SELL GOLD AUG @ 154800 SL 155800 TGT 153200-152200. MCX
Observations
Gold trading range for the day is 151605-155275.
Gold prices gained as investors awaited the U.S. central bank's first policy decision under new Chair Kevin Warsh.
The Fed kept the federal funds rate unchanged at 3.50%–3.75% for a fourth consecutive meeting in June, the first under Chairman Kevin Warsh
President Trump said that agreement reached with Iran was not final, and that he could resume a bombing campaign if he did not like it.
Retail sales in the US increased 0.9% mom in May 2026, higher than a downwardly revised 0.4% rise in April.
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