2025-12-04 09:37:30 am | Source: Kedia Advisory
Buy Gold Feb @ 129500 SL 128500 TGT 130500-131500. MCX - Kedia Advisory
GOLD
BUY GOLD FEB @ 129500 SL 128500 TGT 130500-131500. MCX
Observations
Gold trading range for the day is 129365-131945.
Gold rose as investors held on to expectations of a December Federal Reserve rate cut.
Private businesses in the US cut 32K jobs in November 2025, following an upwardly revised 47K gain in October.
Central banks added a net 53 tonnes of Gold to reserves in October, marking the strongest monthly increase since November 2024.
China’s central bank, reported Gold purchases for 12 consecutive months, adding 0.9 tonnes in October, lifting the total to 2,304 tonnes.
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