Bot Window | Bot Window

US Rate-Cut Optimism:

The recent U.S. CPI data aligned with expectations, supporting the likelihood of a rate cut in December.

Lower interest rates make non-yielding assets like Gold more attractive, underpinning its rally.

Short-Term Outlook:

Bullish Factors:

Geopolitical risks provide a supportive floor for prices.

Market expectations of rate cuts are favorable for Gold.

Resistance:

The next major level to watch is $2,775–$2,780, which could act as a barrier if the bullish trend continues.

Support:

If retracements deepen, immediate support lies around $2,735 and stronger support near $2,700.

Trading Implications:

For Bulls: The elevated levels suggest maintaining positions while watching for a break above $2,775 to target $2,800.
For Bears: Look for potential corrections if prices breach support at $2,735, targeting $2,700 or lower.

Multiple Bullish Reversals form on Gold'...

July 08, 2025

Market Insights

DOW JONES ANALYISIS

November 05, 2024

Market Insights

GBPJPY making a bullish flag on Daily ti...

December 24, 2024

Market Insights

US30 Approaches Key Resistance Breakout...

July 23, 2025

Market Insights

Dow Jones Struggles Below Resistance; Br...

September 15, 2025

Market Insights

GOLD Prices shattered yesterday with aro...

November 14, 2024

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist