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.
