RSS Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus

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 RSS Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus

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Gold prices are being supported by a shift in Chinese monetary policy, and geopolitical developments. China has resumed gold purchases after a six-month pause. From a technical perspective, gold is currently caught between support at $2650 and resistance at $2700. A break above $2700 could signal further upside potential. Gold has started the week on […]

The post Gold (XAU/USD) Eyes $2,700 as Fed Rate Cut Looms, Geopolitics in Focus appeared first on Action Forex.
 
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