Gold climbs to over two-week high on safe-haven demand

By X-blogger - on January 3, 2025

Gold hit a more than two-week high, fuelled by safe-haven buying, while the market took out positions ahead of the Federal Reserve’s rate outlook and President-elect Donald Trump’s looming trade tariffs. Spot gold rose 1.3%.

The Gold-Dollar pair skyrocketed 1.1% in the last session. The MACD is giving a positive signal.
XAU/USD skyrocketed 1.1% in the last session.
The MACD is currently in the positive zone.
Support: 2594.6 | Resistance: 2707.4

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