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26-12-2024 11:51 AM | Source: Kedia Advisory
Buy Gold Feb @ 76150 SL 75950 TGT 76350-76500. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 75975-76495.
Gold gained as investor focus was on Fed’s rate strategy and President-elect Donald Trump's future tariff policies.
The Fed persisted with cuts in December but hinted at fewer reductions in 2025.
A benign U.S. inflation reading eased some concerns about the pace of cuts next year.
New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery
BUY GOLD FEB @ 76150 SL 75950 TGT 76350-76500. MCX
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