2026-06-02 11:34:39 am | Source: 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 157405-161115.
Gold inched lower, pressured by a stronger dollar and rising oil prices.
Iranian state media said Tehran has suspended mediator-led negotiations and document exchanges with the United States.
Gold speculators raised net long positions by 2,544 contracts to 96,931 in the week to May 26. – CFTC
Gold demand in India remained subdued, while premiums in China narrowed amid cautious sentiment.
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