Inverted Head & Shoulders in Gold signals bullish breakout amid Fed cut expectations
Gold regained positive traction on Friday, rebounding from the $3,308 zone and recovering part of Thursday’s NFP-driven losses. The metal climbed toward an intraday high near $3,336, supported by US fiscal concerns and trade uncertainties that weighed on the USD. However, thin holiday liquidity may cap gains around $3,345–$3,360, while immediate support lies at $3,320, followed by $3,308 and $3,295.
04 Jul 2025, 02:47 PM
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