Hello everyone! Today, XAUUSD (gold) is on the rise again, buoyed by ongoing expectations of a Fed rate cut. After successfully overcoming two significant resistance levels, gold continues to hold firm on its upward trajectory, establishing a new support zone following a period of consolidation in recent days.
The outlook remains bullish as long as the bulls can firmly maintain the $2150 USD support level.
The outlook remains bullish as long as the bulls can firmly maintain the $2150 USD support level.
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