🔥❤️GOLD TO 2370-2390🔥❤️

Updated
❤️MY FOREX TEAM❤️

INFORMATION

Gold price continues to rise amid growing geopolitical tensions. Gold prices hit record highs above $2,350 even as rate cut bets ease. A rally in gold persisted even as technical indicators showed the yellow metal was squarely in overbought territory.


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❤️MY FOREX TEAM - Technical Analysis

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❤️NOTE

Gold price soars, supported by weakening US Dollar in face of high Treasury yields.
XAU/USD was boosted by Fed Chair Powell hinting at rate cuts within the year, contingent on sustained inflation decline.
Despite a strong job market as shown by ADP data, indications of a slowdown in services activity contribute to the precious metal's gains.

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Note
Scalping gold sell @ 2348-2351 SL 2354
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