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2026-10-01 10:54:14 am | Source: Kedia Advisory
Sell Gold DEC @ 150000 SL 151000 TGT 148500-147500. MCX - Kedia Advisory
Sell Gold DEC @ 150000 SL 151000 TGT 148500-147500. MCX - Kedia Advisory

Gold

SELL GOLD DEC @ 150000 SL 151000 TGT 148500-147500. MCX

Observations

Gold trading range for the day is 147470-151880.

Gold gained as softer-than-expected inflation reinforced expectations that Fed may leave interest rates unchanged.

The US headline PCE price index rose 0.3% mom, while core PCE, excluding food and energy, increased 0.2%.

The government’s employment report due Friday is expected to show a 90K increase in payrolls.

China's net gold imports via Hong Kong in July rose about 11% from June and 28% year-on-year.

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