Gold notched first weekly gain in 4 weeks

By X-blogger - on June 17, 2024

Gold prices rose over 1% and notched their first weekly gain in four, as signs of slowing inflation in the U.S. raised hopes of a rate cut later this year and a stock selloff across Europe also lent support.

The Gold-Dollar pair exploded 1.3% in the last session. The ROC is giving a positive signal.
Support: 2277.6233 | Resistance: 2339.6533

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