Sell Gold Feb @ 77900 SL 78100 TGT 77700-77500. MCX

2025-01-09 11:28:14 am | Source: Kedia Advisory

Sell Gold Feb @ 77900 SL 78100 TGT 77700-77500. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 77015-78455.

Gold gains as concerns over President-elect Donald Trump's potential tariffs offset pressure from a stronger dollar

China's central bank added gold to its reserves in December for a second straight month, following a resumption in November

Goldman Sachs said it had pushed back its gold forecast of $3,000 per troy ounce to the second quarter of 2026 instead of December 2025

Investors awaited U.S. economic data for guidance on the Federal Reserve's interest rate stance in 2025.

SELL GOLD FEB @ 77900 SL 78100 TGT 77700-77500. MCX

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Sell Gold Feb @ 77900 SL 78100 TGT 77700-77500. MCX - Kedia Advisory

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