Gold recently surpassed $1,950, driven by technical breakthroughs and geopolitical concerns. While positive indicators suggest upward potential, cautious trading is essential. Watch for signals post-Powell's speech. Geopolitical tensions continue to boost gold's appeal, but traders remain wary, expecting further cues. Investors eagerly await Powell's speech for market direction. Gold's path remains upward, but a careful approach is crucial in these uncertain times.
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