2025-11-12 10:19:09 am | Source: Kedia Advisory
Buy Gold DEC @ 123400 SL 122700 TGT 124400-125000. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 123400 SL 122700 TGT 124400-125000. MCX
Observations
Gold trading range for the day is 121965-126815.
Gold pared gains on profit booking after prices gained amid worries about the potential economic fallout
The Senate reached a compromise and moved forward on a measure aimed at ending longest US government shutdown.
Markets now see an over 60% chance of another rate cut by the Fed in December.
China's gold consumption in the first three quarters of 2025 declined 7.95%.
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