BUY GOLD FEB @ 129200 SL 128200 TGT 130200-131000. MCX - Kedia Advisory
GOLD

BUY GOLD FEB @ 129200 SL 128200 TGT 130200-131000. MCX
Observations
Gold trading range for the day is 128990-130900.
Gold remained in range as markets anticipated a Federal Reserve interest-rate cut.
The Federal Reserve lowered the funds rate by 25bps to 3.5%–3.75%, marking the lowest level since 2022
Indonesia to impose gold export duties starting December 23
China’s central bank raised its gold holdings for the 13th straight month, bringing total reserves to 74.12 million troy ounces.
Tag News
Silver Near $80 on Supply Tightness, Rate-Cut Bets by Amit Gupta, Kedia Advisory
