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2026-08-13 09:45:28 am | Source: Kedia Advisory
Sell Gold Oct @ 155500 SL 156500 TGT 154200-153200 MCX - Kedia Advisory
Sell Gold  Oct @ 155500 SL 156500 TGT 154200-153200 MCX - Kedia Advisory

Gold

SELL GOLD OCT @ 155500 SL 156500 TGT 154200-153200. MCX

Observations

Gold trading range for the day is 153220-156670.

Gold rose supported by a softer dollar after a U.S. inflation reading matched expectations.

Prices gained buoyed by weaker-than-expected employment data that led traders to scale back U.S. rate-hike bets.

Demand from central banks in first half was the lowest since 2022

Gold jewellery fabrication fell 12% to 310.3 metric tons and set to remain weak in 2026

 

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