2025-10-15 10:09:25 am | Source: Kedia Advisory
Gold trading range for the day is 123125-128495 - Kedia Advisory
GOLD
Prices trading with high volatility. Important resistance at 1,27,600 while Support at 1,25,000
Observations
Gold trading range for the day is 123125-128495.
Gold gained to record as safe-haven demand strengthened by slowing global growth and political uncertainty.
US President Donald Trump reignited trade war fears, threatening new tariffs and export controls on China.
US government shutdown continues to weigh on sentiment — Treasury Secretary Scott Bessent warned of economic strain.
Markets now price in 97% odds of an October Fed rate cut and 90% for December.
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