Gold surged past $3,000, hitting a record high as safe-haven demand grew ahead of the Fed's rate decision. While rates are expected to remain unchanged, investors await economic projections and Powell’s remarks for policy clues amid trade tensions. Market jitters also rose after Trump warned Iran over Houthi rebel attacks and planned talks with Putin on ending the Ukraine war.
Key resistance stands at $3045, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.
Key resistance stands at $3045, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.