Gold Rebounds to $2,600 as Dollar Softens and Fed Uncertainty Looms
Gold rebounded near $2,600 per ounce on Monday after last week's sharp drop, as the US dollar rally lost steam. Strong US retail sales in October highlighted economic resilience, while mixed Fed comments kept rate cut uncertainty alive. Markets now price a 65% chance of a December 25bps rate cut, supporting gold's recovery. Key levels to watch: $2,628 (resistance) and $2,536 (support).
Recent News
Gold remains under bearish pressure but...
June 20, 2025
Market Insights
US Tech 100 Near Key Resistance at 20200...
May 06, 2025
Market Insights
US Tech 100 Eyes Recovery Support Holds...
June 23, 2025
Market Insights
Nasdaq lost 0.5%, marking a third consec...
September 26, 2025
Market Insights
DOW JONES making a bullish flag on all t...
October 27, 2025
Market Insights
Dow Jones Breaks Out of Bullish Flag For...
May 20, 2025
Market Insights
