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2026-11-06 10:22:09 am | Source: Kedia Advisory
Sell Gold DEC @ 144500 SL ABOVE 145500 TGT 142500. MCX - Kedia Advisory
Sell Gold DEC @ 144500 SL ABOVE 145500 TGT 142500. MCX - Kedia Advisory

GOLD

SELL GOLD DEC @ 144500 SL ABOVE 145500 TGT 142500. MCX

Observations

Gold trading range for the day is 141760-147280.

Gold rose as the US dollar and Treasury yields weakened, while a sharp drop in oil prices eased inflation concerns.

Citi has a 0-3 month point price target of $4,500 per ounce for gold China gold output down nearly 20% YoY in first three quarters of 2026

Perth Mint's gold product sales declined nearly 30% in October from the prior month

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