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2026-09-18 10:38:06 am | Source: Kedia Advisory
Sell Gold OCT @ 154000 SL 155000 TGT 152500-151500. MCX - Kedia Advisory
Sell Gold OCT @ 154000 SL 155000 TGT 152500-151500. MCX - Kedia Advisory

GOLD

SELL GOLD OCT @ 154000 SL 155000 TGT 152500-151500. MCX

Observations

Gold trading range for the day is 149345-155265.

Gold climbed as investors reassessed their positions following the US Federal Reserve’s first rate hike in three years.

Fed raised the benchmark overnight interest rate by a quarter of a percentage point to the 3.75%-4.00% range.

Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation.

Goldman Sachs says its end-2026 fair value gold forecast of $4,900/oz carries a net upside risk.

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