Gold trading range for the day is 118515-124115

2025-10-28 09:28:39 am | Source: Kedia Advisory

Gold trading range for the day is 118515-124115 - Kedia Advisory

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Gold

Prices trading with high volatility. Important resistance at 1,22,400 while Support at 1,19,600

Observations

Gold trading range for the day is 118515-124115.

Gold weakens as improved risk appetite dents safe-haven demand.

US-China trade breakthrough boosts sentiment ahead of the Trump-Xi meeting at APEC.

The Fed is widely expected to deliver a second consecutive interest rate cut at this week’s FOMC meeting.

The US federal government shutdown entered its twenty-seventh day on Monday with no resolution in sight.

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Gold trading range for the day is 118515-124115 - Kedia Advisory

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