2026-01-06 10:20:19 am | Source: Kedia Advisory
Gold looks to get support at 136000 and resistance at 140200 - Kedia Advisory
Gold
Gold looks to get support at 136000 and resistance at 140200
Observations
Gold trading range for the day is 135585-139545.
Gold 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
Sensex, Nifty likely to be stock-specific in 2026, n...
FIIs stood as net sellers in equities as per January...
Oil and Gas Sector Update : Oct-Dec 2025 Earnings Pr...
MOSt Market Roundup : Nifty future closed negative w...
Quote on Nifty 07th January 2026 by Rupak De, Senior...
Quote on Gold 07th January 2026 by Jateen Trivedi, V...
Market Commentary (closing) for 07th January 2026 by...
Quote on Market Wrap 07th January 2026 from Mr. Ajit...
PayNearby becomes India`s first fintech to digitise ...
Quote on Closing Market Summary 07th January 2026 by...
