2025-12-09 11:03:25 am | Source: Kedia Advisory
Sell Gold Feb @ 130200 SL 131200 TGT 129200-128400. MCX -Kedia Advisory
Gold
SELL GOLD FEB @ 130200 SL 131200 TGT 129200-128400. MCX
Observations
Gold trading range for the day is 128910-131290.
Gold dropped as traders awaited the Federal Reserve’s final policy meeting of the year.
Mixed US employment data and core inflation in line with expectations have supported the case for additional easing.
PBOC continued to add to its gold holdings for the thirteenth consecutive month in November.
Aside from the rate decision, traders will also scrutinize the Fed’s updated economic projections for 2026 and beyond.
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