Gold Spot / U.S. Dollar
Short

Gold price remained steady at 2500

52
Gold costs have surged beyond report highs as a aggregate of upbeat US monetary reports, expectancies of Fed hobby charge cuts and growing tensions withinside the Middle East boosted demand. secure haven assets. Fears that Iran should retaliate towards Israel for current conflicts have heightened geopolitical tensions, and not using a enormous development in ceasefire negotiations. This uncertainty keeps to underpin gold`s rally, making it a key attention for traders looking for shelter amid worldwide uncertainty.

Gold costs are buying and selling better whilst presently checking out resistance. MACD has illustrated growing bullish momentum. However, the RSI is at 68, suggesting the commodity should face a technical correction because the RSI enters oversold territory.

Resistance levels: 2500.00, 2535.00

Support levels: 2465.00, 2445.00
Note
💵XAUUSD SELL NOW 2502 - 2505

⚜️TP1: 2495
⚜️TP2: 2490
♦️SL: 2510
Note
Hit TP 2 +150 Pips

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