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.
