💰 *Gold Update – Key Insights*
Gold is trading around $2,625 after testing a low of $2,589 in the last session. The precious metal maintains gains as the US dollar softened following a benign PCE inflation report, rekindling hopes for Federal Reserve monetary easing in 2024.
*Support and Resistance Levels:*
*Support* : $2,620, $2,615, $2,610, $2,600
*Resistance* : $2,630, $2,635, $2,640, $2,650
*📊 Market Insight:*
A break below $2,620 could lead to $2,615, $2,610, and $2,600.
Sustaining abov
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