👉🏼 Possible scenario:
Gold rose 1.07% for a second session as a weaker U.S. dollar and fiscal concerns supported prices. The Senate's approval of Trump’s $3.3T tax-and-spending bill raised debt fears, while trade tensions with Japan added uncertainty.
Fed Chair Powell signaled a patient stance on rate cuts but left the door open for easing, reinforcing support for gold. Meanwhile, a 60-day Gaza ceasefire reduced geopolitical risk, triggering some profit-taking.
âś…Support and Resistance Levels
Support level is now located at 3,245.00.
Now, the resistance level is located at 3,400.00.
Gold rose 1.07% for a second session as a weaker U.S. dollar and fiscal concerns supported prices. The Senate's approval of Trump’s $3.3T tax-and-spending bill raised debt fears, while trade tensions with Japan added uncertainty.
Fed Chair Powell signaled a patient stance on rate cuts but left the door open for easing, reinforcing support for gold. Meanwhile, a 60-day Gaza ceasefire reduced geopolitical risk, triggering some profit-taking.
âś…Support and Resistance Levels
Support level is now located at 3,245.00.
Now, the resistance level is located at 3,400.00.
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Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.