Gold Hits New Peak as Tensions Escalate

Gold has reached a new peak with escalating geopolitical tensions. The first noticeable support below stands at 2430, followed by support levels at 2410 and 2390. On the upside, the initial resistance lies at the Fibonacci level of 2475. If this level is surpassed, resistance levels at the psychological barrier of 2500 and 2550 will be encountered successively.