Buy Gold Feb @ 133000 SL 132000 TGT 134400-135200. MCX

2025-12-16 11:42:01 am | Source: Kedia Advisory

Buy Gold Feb @ 133000 SL 132000 TGT 134400-135200. MCX - Kedia Advisory

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BUY GOLD FEB @ 133000 SL 132000 TGT 134400-135200. MCX

Observations

Gold trading range for the day is 132485-136315.

Gold gains supported by expectations of more interest rate cuts next year after Fed pushed back against hawkish market bets.

Jobless claims rose more than expected, reaching their highest level in over two months.

Fed delivered its third 25 bps cut of the year and adopted a less hawkish tone than markets anticipated.

China raising its reserves for a 13th consecutive month to about 74.12 million troy ounces.

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Buy Gold Feb @ 133000 SL 132000 TGT 134400-135200. MCX - Kedia Advisory

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