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2026-06-05 09:46:06 am | Source: Kedia Advisory
SELL GOLD AUG @ 160500 SL 161500 TGT 159000-158000. MCX - Kedia Advisory
SELL GOLD AUG @ 160500 SL 161500 TGT 159000-158000. MCX - Kedia Advisory

Gold

SELL GOLD AUG @ 160500 SL 161500 TGT 159000-158000. MCX

Observations

Gold trading range for the day is 157840-161260.

Gold prices gained as oil prices slipped on optimism over a potential end to the Iran conflict.

Lebanon ceasefire raises hopes of progress for Iran deal

India's physically backed gold exchange-traded funds recorded their first net monthly outflow in a year in May.

Investors are now turning their attention to the release on Friday of the U.S. employment report for May.

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