2025-09-22 09:34:47 am | Source: Kedia Advisory
Gold trading range for the day is 108765-110455 - Kedia Advisory
Gold
Be Cautious. Important resistance at 110800 while Support at 109000.
Observations
Gold trading range for the day is 108765-110455.
Gold prices edged higher buoyed by the Federal Reserve's first rate cut of the year.
The Fed cut its key interest rate by 25 basis points but tempered its message with warnings of sticky inflation.
Swiss gold exports to China surged 254% in August compared with July.
Traders are pricing in a 92% chance of another 25-bps cut at the Fed's October meeting.
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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.
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