2024-12-19 11:20:32 am | Source: Kedia Advisory
Sell Gold Feb @ 76700 SL 76900 TGT 76400-76200. MCX - Kedia Advisory
Gold
Observations
Gold settled down on expectations of a cautious Fed next year
Fed cut rates for 3rd time, points to 2 reductions in 2025
The Fed also signaled it will probably only lower rates twice more in 2025 by a total of 50 bps
India's gold imports are poised for a sharp slowdown in December following record purchases in November
SELL GOLD FEB @ 76700 SL 76900 TGT 76400-76200. MCX
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