2026-01-14 10:07:21 am | Source: Kedia Advisory
Gold looks to get support at 140000 and resistance at 145000 - Kedia Advisory
Gold
Gold looks to get support at 140000 and resistance at 145000
Observations
Gold trading range for the day is 140525-143805.
Gold gains supported by haven demand amid renewed concerns over the Fed’s independence and geopolitical uncertainty.
Trump announced a 25% tariff on countries trading with Iran, after repeatedly warning of possible military action amid widespread protests in the country.
Commerzbank raises 2026 year – end gold forecast to $4,900/oz
The Fed is widely expected to hold rates steady later this month, though traders are still pricing in two rate cuts later this year.
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