Gold Shines as Safe-Haven Amid Geopolitical Tensions
Technical Outlook for Gold
- Current Levels: Gold is trading near $2,708, with upside momentum intact.
- Key Resistance: A break above $2,750 could pave the way toward the psychological barrier of $2,800.
- Key Support: If selling pressure emerges, gold might test support at $2,680, with further downside limited to $2,620.
- Trend Bias: Gold's trajectory remains bullish as long as geopolitical tensions persist, bolstered by safe-haven demand and potentially weaker global risk appetite.
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