Gold surges on softer dollar, Russia-Ukraine tensions

By X-blogger - on November 19, 2024

Gold prices soared, after six days of losses, as the U.S. dollar’s surge stalled and heightened uncertainty over the Russia-Ukraine conflict rekindled safe-haven demand. Spot gold jumped, moving away from a two-month low hit last week.

The Gold-Dollar pair exploded 1.4% in the last session. The Williams indicator is giving a positive signal.
XAU/USD exploded 1.4% in the last session.
Support: 2537.1 | Resistance: 2672.3

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