Gold trading range for the day is 111615-113755

2025-09-26 09:15:20 am | Source: Kedia Advisory

Gold trading range for the day is 111615-113755 - Kedia Advisory

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Gold

Be Cautious. Important resistance at 113600 while Support at 111600.

Observations

Gold trading range for the day is 111615-113755.

Gold settled flat as strong economic data favored higher interest rates.

US GDP was revised higher to reflect a 3.8% growth in Q2, while durable goods orders unexpectedly rose.

PBoC piled on gold for 10 straight months, and Chinese infrastructure offered to be a gold custodian for foreign markets.

China's August net gold imports via Hong Kong fall 39% from July

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Gold trading range for the day is 111615-113755 - Kedia Advisory

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