Gold looks to get support at 133000 and resistance at 138000

2026-01-02 10:55:19 am | Source: Kedia Advisory

Gold looks to get support at 133000 and resistance at 138000 - Kedia Advisory

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Gold

Gold looks to get support at 133000 and resistance at 138000

Observations

Gold trading range for the day is 134780-136400.

Gold gained as persistent geopolitical uncertainty underpinned demand for the safe-haven metal.

President Trump warned of further strikes on Iran if nuclear rebuilding continues

Fed’s minutes, showed that most officials would support rate cuts if inflation continues to fall.

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

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Gold looks to get support at 133000 and resistance at 138000 - Kedia Advisory

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