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2025-11-27 09:18:01 am | Source: Kedia Advisory
Buy Gold Dec @ 125000 SL 124300 TGT 125800-126500. MCX - Kedia Advisory
Buy Gold Dec @ 125000 SL 124300 TGT 125800-126500. MCX - Kedia Advisory

GOLD

BUY GOLD DEC @ 125000 SL 124300 TGT 125800-126500. MCX

Observations

Gold trading range for the day is 124800-126740.

Gold rose as delayed economic data bolstered expectations of a December Fed rate cut.

Recent figures suggest a slowing of consumer momentum, with retail sales rising just 0.2% in September after a stronger gain in August.

US producer price data showed that inflation pressures remained broadly in line with expectations.

Markets are now pricing in more than an 84% chance of a 25 bps cut, up from 50% a week earlier.

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