2026-11-13 10:46:02 am | Source: Kedia Advisory
Buy Gold DEC @ 135500 SL BELOW 134500 TGT 138000. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 135500 SL BELOW 134500 TGT 138000. MCX
Observations
Gold trading range for the day is 133240-140810.
Gold slid as oil prices climbed on fading hopes for peace in the Middle East that spurred fears of higher inflation.
US President Donald Trump said that the US did not need a deal with Iran.
Fed's Waller said a core inflation reading of 0.3% in October would prompt him to consider a half-point hike at the December meeting.
China's central bank extended its run of gold purchases to a 24th consecutive month in October.
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