Technical Analysis
Posted 2 hours ago
Gold (XAU/USD): Two-Month High at $4,400 on Safe-Haven Demand
Gold rallied to $4,400/oz on Tuesday, a two-month peak, as safe-haven demand accelerates amid inflation concerns and potential rate hikes. Chinese institutional buying supports the uptrend. Key resistance near $4,400; support remains to be established. Bullish bias intact. Monitor inflation data and USD strength for continuation signals.
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