2026-01-05 12:25:13 pm | Source: Kedia Advisory
Gold looks to get support at 133000 and resistance at 138000 - Kedia Advisory
Gold
Gold looks to get support at 133000 and resistance at 138000
Observations
Gold trading range for the day is 134525-137715.
Gold pared gains on late profit booking after prices climbed bolstered by the prospect of further US interest rate cuts.
The persistent Israel-Iran conflict and the ongoing US-Venezuela tensions could boost the Gold price.
Fed’s minutes revealed increasing openness among policymakers toward monetary easing if inflation continues to cool.
Increased margin requirements on gold futures by the CME Group might cap the upside for precious metals.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
FIIs stood as net buyers in equities as per January ...
Union Ministers take ride in hydrogen fuel cell vehi...
Quote on Closing Market Summary 06th January 2026 by...
Consumer Discretionary : Selective growth amid uneve...
Primus Partners Launches Report Mapping India`s Care...
Commodity Research - Daily Evening Track 06th Januar...
Automobiles Sector Update : Strong growth momentum c...
`India Energy Week 2026` to focus on boosting energy...
India-Russia maritime cooperation to create new trad...
The Index can long above 26250 for the potential tar...
