2025-01-20 10:57:01 am | Source: Kedia Advisory
Sell Gold FEB @ 79150 SL 79350 TGT 78800-78600. MCX - Kedia Advisory
GOLD
Observation
Gold trading range for the day is 78550-79430.
Gold eases as investors anticipate a wave of policy changes under the incoming Trump administration.
U.S. inflation data and Fed comments revived hopes the bank might cut interest rates more than once this year.
U.S. data showed softer than expected core inflation, raising bets on a Fed rate cut.
Gold discounts in India increased to their widest in six months as a rise in domestic prices dampened demand.
SELL GOLD FEB @ 79150 SL 79350 TGT 78800-78600. MCX
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