2025-10-31 10:03:37 am | Source: Kedia Advisory
BUY Gold DEC @ 120800 SL 120300 TGT 121600-122000. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 120800 SL 120300 TGT 121600-122000. MCX
Observations
Gold trading range for the day is 117605-123635.
Gold climbs on Fed rate cut as investors weigh US-China trade talks
Trump says tariffs on China cut to 47% from 57%
The U.S. central bank delivered a 25-basis-point rate cut, taking the benchmark overnight rate to a target range of 3.75%–4.00%.
Fed Chair Jerome Powell said officials are struggling to reach a consensus about what lies ahead for monetary policy.
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