2026-01-22 11:22:55 am | Source: Kedia Advisory
Gold looks to get support at 147000 and resistance at 156500 - Kedia Advisory
Gold
Gold looks to get support at 147000 and resistance at 156500
Observations
Gold trading range for the day is 147405-161205. Gold extended record run on safe-haven flows driven by escalating friction between the United States and NATO over Greenland. Polish central bank approves plan to buy 150 tons of gold Investors await the delayed US PCE inflation report later this week, which could provide further insight into the Federal Reserve’s interest rate outlook. UBS raised its gold target price to $5,000 an ounce over the first three quarters of 2026
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