Gold trading range for the day is 122310-126010- Kedia Advisory

2025-10-14 09:58:39 am | Source: Kedia Advisory

Gold trading range for the day is 122310-126010- Kedia Advisory

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GOLD

Prices trading with high volatility. Important resistance at 1,26,000 while Support at 1,23,000

Observations

Gold trading range for the day is 122310-126010.

Gold rose record high amid renewed U.S.-China trade tensions and expectations of U.S. Federal Reserve interest rate cuts.

U.S. President Donald Trump threatened to impose 100% tariffs on Chinese goods to the United States.

Markets are pricing in a near-certain chance of a 25-basis-point rate cut in October followed by a similar reduction in December.

Bank of America lifting its 2026 outlook for gold to $5,000 an ounce, with an average of $4,400

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Gold trading range for the day is 122310-126010- Kedia Advisory

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