XAUUSDT — What’s hot right now
Gold’s price surge has put the XAUUSDT pair back in the spotlight. Over the past few days the commodity has climbed past $4,300, hitting a fresh high since late October ¹. The rally is being fueled by a dovish Federal Reserve: after a 25‑basis‑point cut, markets are pricing in two more rate reductions next year, which weakens the US dollar and boosts the non‑yielding yellow metal ¹ ².
Technical charts are also flashing bullish signals. The daily RSI remains in positive territory, and a recent breakout above the $4,275 resistance level suggests room for further upside, with the next hurdle around $4,328‑$4,330 ². Traders on Binance are watching the XAUUSDT perpetual contract for tighter spreads and deeper liquidity, especially with copy‑trading features now live on the platform.
Key take‑aways
- Gold (XAU/USD) up ~2 % this week, trading near $4,285 ²
- Fed’s dovish stance is keeping the dollar weak, supporting gold ¹
- Technical indicators point to continued upward momentum, target $4,300+ ²
Stay tuned for more updates as the market reacts to upcoming Fed speeches and the latest US labor data.
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