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2025-12-02 10:01:24 am | Source: Kedia Advisory
Sell Gold Feb @ 131000 SL 132000 TGT 129800-128800. MCX - Kedia Advisory
Sell Gold Feb @ 131000 SL 132000 TGT 129800-128800. MCX - Kedia Advisory

GOLD

SELL GOLD FEB @ 131000 SL 132000 TGT 129800-128800. MCX

Observations

Gold trading range for the day is 129200-132060.

Gold prices climbed driven by rising expectations of a US interest rate cut next week.

A series of dovish remarks from Federal Reserve officials, along with weak economic data, also supported.

The metal’s ascent has been supported by robust central-bank buying and strong ETF inflows.

Investors are also pricing in three additional cuts by the end of 2026.

 

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