2026-01-19 11:31:18 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 140255-144455.
Gold prices slipped amid reduced safe-haven demand and fading expectations of a near-term interest rate cut by Fed.
Geopolitical risks in Iran temporarily eased after President Donald Trump indicated he may delay any military action.
Strong US economic data prompted investors to scale back bets on imminent interest rate cuts.
Gold demand in India stayed muted as prices hit record highs again, while bullion traded at a premium in China.
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