Gold looks to get support at 132000 and resistance at 137000

2025-12-30 11:30:05 am | Source: Kedia Advisory

Gold looks to get support at 132000 and resistance at 137000 - Kedia Advisory

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Gold

Gold looks to get support at 132000 and resistance at 137000

Observations

Gold trading range for the day is 130415-142705.

Gold dropped as investors booked profits and a market perception of reduced geopolitical risks curbed safe-haven buying.

President Trump stated that he made “a lot of progress” in talks with Ukrainian Zelensky over a possible peace deal.

US weekly Initial Jobless Claims declined to 214,000, compared to 224,000 in the previous reading.

China's November net gold imports via Hong Kong rose by 101.5% from October

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Gold looks to get support at 132000 and resistance at 137000 - Kedia Advisory

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