$XAU Gold is trading with a bullish short-term bias, supported by steady safe-haven demand and expectations of easing monetary policy.
Buyers continue to defend the key support zone, keeping the short-term uptrend intact despite minor pullbacks.
Immediate resistance lies near the recent swing high; a decisive breakout could extend the current rally.
Momentum indicators remain positive, although short-term consolidation is possible ahead of major U.S. economic data releases.
Overall outlook remains bullish while Gold holds above support, with movements in the U.S. dollar and Treasury yields likely to drive the next major move.
#KOSPIOpensUp1.41%
Buyers continue to defend the key support zone, keeping the short-term uptrend intact despite minor pullbacks.
Immediate resistance lies near the recent swing high; a decisive breakout could extend the current rally.
Momentum indicators remain positive, although short-term consolidation is possible ahead of major U.S. economic data releases.
Overall outlook remains bullish while Gold holds above support, with movements in the U.S. dollar and Treasury yields likely to drive the next major move.
#KOSPIOpensUp1.41%