Gold Prices Steady Below $2,650: Key Levels to Watch
Обновлено
Gold is hovering near $2,640, caught between rising USD demand and anticipation of US economic data.
Key Levels:
Support: $2,591 (lower range).
Resistance: $2,680–$2,787 (upper range).
What’s Driving Gold?
Strong USD due to safe-haven demand and Fed rate speculations.
Upcoming US labor data may influence the Fed’s next steps.
Outlook:
Above $2,787: Bullish breakout possible.
Below $2,591: Bears gain control.
Stay alert to how data and dollar moves shape gold's trajectory.
Key Levels:
Support: $2,591 (lower range).
Resistance: $2,680–$2,787 (upper range).
What’s Driving Gold?
Strong USD due to safe-haven demand and Fed rate speculations.
Upcoming US labor data may influence the Fed’s next steps.
Outlook:
Above $2,787: Bullish breakout possible.
Below $2,591: Bears gain control.
Stay alert to how data and dollar moves shape gold's trajectory.
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