2025-10-23 10:51:35 am | Source: Kedia Advisory
Gold trading range for the day is 118355-126175 Kedia Advisory
GOLD
Prices trading with high volatility. Important resistance at 1,23,500 while Support at 1,20,000
OBSERVATION
Gold trading range for the day is 118355-126175.
Gold prices tumbled over 5% their biggest daily drop since April 2013, after touching a record high.
The decline came as profit-taking accelerated and the US dollar strengthened, while safe-haven demand eased.
Optimism grew over easing US–China trade tensions, with Presidents Donald Trump and Xi Jinping scheduled to meet next week.
The end of the seasonal gold-buying spree in India also weighed on physical demand.
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