2025-09-19 09:40:27 am | Source: Kedia Advisory
Gold trading range for the day is 108070-110290 - Kedia Advisory
Gold
Be Cautious. Important resistance at 109800 while Support at 108200 .
Observations
Gold trading range for the day is 108070-110290.
Gold declined pressured by a rising US dollar following the Fed’s policy decision.
The Fed cut interest rates by 25 bps as expected and signaled that borrowing costs may continue to decline gradually.
Gold exports from Switzerland to China jumped 254% in August compared with July to their highest level since May 2024
India's gold imports in August jumped 37% from a month ago to $5.4 billion.
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