2025-01-14 10:06:49 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 77695-79005.
Gold prices eased as strong U.S. jobs data reinforced the Fed’s cautious stance on interest rate cuts.
Though underlying safe-haven demand amid uncertainty around President-elect Donald Trump's policies curbed losses.
Currently, markets anticipate 25 basis points of easing so far this year, compared with expectations of 40 basis points last week.
U.S. CPI, PPI, weekly jobless claims and retail sales are the major data due for release this week.
SELL GOLD FEB @ 78300 SL 78500 TGT 78000-77800. MCX
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