2026-08-13 09:45:28 am | Source: 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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