2025-01-15 10:31:41 am | Source: Kedia Advisory
Sell Gold Feb @ 78300 SL 78500 TGT 78000-77800. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 77720-78650.
Gold prices held steady as market participants maintained caution ahead of key U.S. inflation data.
Data showed PPI rose 3.3% on an annual basis in December, versus the 3.4% rise expected.
Traders currently see the Fed delivering 29.4 basis points worth of rate cuts by the end of the year.
U.S. President-elect Donald Trump will return to the White House on Jan. 20 and has vowed to impose trade tariffs.
SELL GOLD FEB @ 78300 SL 78500 TGT 78000-77800. MCX
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