Gold Price Update: Weekly Decline Amid Hawkish Fed Signals
Market Outlook for Gold
Bearish Factors
- The Federal Reserve's hawkish stance continues to weigh on gold prices.
- Declining physical demand from India adds to the downside pressure.
Supportive Factors
- Ongoing geopolitical risks may lend some support to gold's safe-haven appeal.
Technical Levels to Watch
- Key Support: $2,550 per ounce – A break below this could trigger further downside.
- Key Resistance: $2,625 per ounce – A recovery above this level may signal stabilization.
Recent News
Dow Jones Momentum Surges Bulls Push Bey...
June 25, 2025
Market Insights
Breakdown of Head & Shoulder in Gold : T...
May 29, 2025
Market Insights
US30 Eyes Further Upside with Strong Sup...
July 01, 2025
Market Insights
AUDUSD DOWN RALLY START
October 22, 2024
Market Insights
Gold trading with negative bias despite...
June 16, 2025
Market Insights
Nasdaq100 Soars Past Resistance Eyes Set...
June 24, 2025
Market Insights
