Powered by: Motilal Oswal
2025-11-20 09:35:07 am | Source: Kedia Advisory
Buy Gold Dec @ 122500 SL 121500 TGT 123500-124500. MCX - Kedia Advisory
Buy Gold Dec @ 122500 SL 121500 TGT 123500-124500. MCX - Kedia Advisory

GOLD

BUY GOLD DEC @ 122500 SL 121500 TGT 123500-124500. MCX

Observations

Gold trading range for the day is 121075-125445.

Gold gains as investors sought safe-haven assets ahead of the Federal Reserve’s meeting minutes.

Several Federal Reserve officials favored lowering the target range for the federal funds rate in October

The jobs report is anticipated to show the US economy added around 50,000 jobs in September.

The PBOC's sale of 120 billion yuan in 28-day deposits on November 24 could tighten liquidity, potentially boosting gold's safe-haven demand

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here