Gold hits 2-week high on China buying

Gold prices hit two-week highs, climbing more than 1% on renewed buying of the metal by China’s central bank following a six-month hiatus, with bullishness increased by anticipation of a U.S. Federal Reserve interest rate cut next week.

The last session saw the Gold gain 0.9% against the Dollar. The RSI is giving a positive signal.
Support: 2586 | Resistance: 2732.7