GOLD

Gold is trading below the 4,370 resistance level, which is likely to limit the pace of the upside during today’s trading session.
|
Support |
4270 | 4180 |
| Resistance | 4370 |
4500 |
Gold posted a positive performance during today’s trading session, extending its upward move amid a weaker U.S. dollar and declining Treasury yields, which enhanced the appeal of the precious metal as a hedge. Recent price action reflects a return of buying momentum and improved investor appetite for safe-haven assets, as markets await key U.S. economic data that could shape the outlook for monetary policy in the period ahead.
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