2025-10-29 08:55:54 am | Source: Kedia Advisory
Gold trading range for the day is 116650-121600 - Kedia Advisory
Gold
Prices trading with high volatility. Important resistance at 1,21,000 while Support at 1,18,000
Observations
Gold trading range for the day is 116650-121600.
Gold slipped as hopes for progress in U.S.–China trade talks dimmed its safe-haven allure.
The US federal government shutdown entered its twenty-seventh day, extending one of the longest funding standoffs in history.
Investors' focus tipped over to the Federal Reserve's interest rate decision this week.
LBMA's annual gathering sees gold at $4,980 per ounce over the next 12 months.
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