2025-12-18 11:14:22 am | Source: Kedia Advisory
Buy Gold Feb @ 133500 SL 132500 TGT 134500-135500. MCX - Kedia Advisory
Gold
BUY GOLD FEB @ 133500 SL 132500 TGT 134500-135500. MCX
Observations
Gold trading range for the day is 132630-136380.
Gold climbed as investors continued to see scope for additional easing by the Federal Reserve next year.
The US labor market showed further signs of cooling, with the unemployment rate unexpectedly rising to 4.6% in November, the highest since 2021.
Markets now await November’s CPI data due on Thursday, followed by PCE figures on Friday, for further insight into inflation pressures.
Morgan Stanley projected gold prices would see smaller gains in 2026 as central banks and exchange-traded funds reduce purchases
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