Gold Prices Hold Strong Amid Trade War Fears and Central Bank Demand


 Resistance at $2,920: Gold is currently testing a key resistance level. A breakout above this could open doors for $2,940 and $2,970.
 Support at $2,880: The lower trendline of the wedge has acted as a strong support zone. If gold declines, watch for $2,860 and $2,840 as key levels.
 RSI at 53.96: The Relative Strength Index (RSI) is in neutral territory, suggesting potential for further upside if bullish momentum persists.
 Higher Lows: Recent price action shows a series of higher lows, indicating continued buying interest.

Recent News

DOW JONES bounce from daily support leve...

June 20, 2025

Market Insights

US Tech 100 (USTECH100) Forms Bullish We...

July 09, 2025

Market Insights

US30 Forms Bullish Pennant Near Key SMA...

July 15, 2025

Market Insights

Nasdaq/US 100 Analysis

October 11, 2024

Market Insights

DOW JONES making a bullish flag in 1hr t...

August 13, 2025

Market Insights

Gold Weekly Trading Strategy

October 21, 2024

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window