Gold Surges Beyond $2,300, Faces Potential Correction
Gold's bullish momentum propels it past the $2,300 mark, fueled by macroeconomic shifts, geopolitical tensions, and expected monetary policy changes. However, this upward trend may encounter resistance as treasury yields climb to multi-month highs, hinting at a possible correction.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2560 |
2300 |
2260 |
2140-45 |
2088 |
2055-60 |