2026-04-28 11:54:15 am | Source: Kedia Advisory
Sell Gold JUN @ 153000 SL 154000 TGT 151500-150000. MCX - Kedia Advisory
Gold
SELL GOLD JUN @ 153000 SL 154000 TGT 151500-150000. MCX
Observations
Gold trading range for the day is 150220-153760.
Gold dropped as traders stayed cautious ahead of upcoming central bank meetings.
China has recorded a sharp increase in gold imports, reaching 162 tonnes in March—its highest monthly level in two years.
Fed is widely expected to hold interest rates steady in its policy statement at the end of its two-day meeting on April 28 to 29
Investors will also be watching other central bank meetings this week, including the BOJ, the ECB and the BOE.
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