xauusd
In the short term, gold (XAU/USD) is expected to remain strong due to geopolitical tensions, potential U.S. Federal Reserve interest rate cuts, and robust demand from central banks. Analysts forecast prices could test $2,800 per ounce, though caution is advised as rapid gains may lead to short-term corrections. Key support and resistance levels are $2,600 and $2,800, respectively.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.