Gold set for biggest drop in over a month

By X-blogger - on October 9, 2024

Gold prices fell over 1% and were on track for their biggest drop on a percentage basis in 1.5 months as recent U.S. employment data lowered expectations for a bigger rate cut, while markets awaited minutes of the U.S. Federal Reserve’s latest policy meeting for fresh signals.

The Gold fell against the Dollar in the last trading session. The ROC is giving a negative signal.
Support: 2624.8561 | Resistance: 2669.2661

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