2025-01-28 10:12:21 am | Source: Kedia Advisory
Sell Gold Feb @ 79750 SL 80000 TGT 79450-79250. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 79095-80395.
Gold dropped after President Trump held off from imposing threatened tariffs on Colombia
Fed is expected to hold rates unchanged this week following to pause from the 100 bps in cuts since the start of the cycle in September.
Markets expect the Fed to deliver two rate cuts this year, with a slight consensus for a first move in May.
China's net gold imports via Hong Kong in December down 84% m/m
SELL GOLD FEB @ 79750 SL 80000 TGT 79450-79250. MCX
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Gold in tight range with focus on Trump tariffs, inf...
Spot Silver is likely to face stiff resistance near ...
Government launches new credit guarantee scheme for...
Indian banks facing margin pressure as loan growth s...
Vedanta inks MoU worth Rs. 1 Lakh Crore with Goverme...
Rupee weakens against US dollar on Thursday
Blue Dart Express soars despite reporting 9% decline...
Buy Jeera Mar @ 21600 SL 21300 TGT 21900-22100. NCDEX
Garden Reach Shipbuilders shines on inking MoU with ...
Qlik Introduces Data Flow for Faster Data-to-Decisio...
