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2026-10-23 10:23:46 am | Source: Kedia Advisory
Sell Gold DEC @ 143800 SL ABOVE 144800 TGT 142000. MCX - Kedia Advisory
Sell Gold DEC @ 143800 SL ABOVE 144800 TGT 142000. MCX - Kedia Advisory

GOLD

SELL GOLD DEC @ 143800 SL ABOVE 144800 TGT 142000. MCX

Observations

Gold trading range for the day is 141740-145910.

Gold slipped as a rally in oil prices heightened inflation worries ahead of the Federal Reserve's policy decision next week.

US consumer and producer inflation data came in hotter than expected, largely on higher energy costs.
FOMC interest-rate decision, PCE data due next week

Goldman Sachs expects one more 25-basis-point hike in December, lifting the peak policy rate range to 4.00%-4.25%.

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