Gold holds ground on US Fed rate-cut hopes, lower yields

Gold prices held steady on Friday after a sharp rise in the previous session, bolstered by a dip in U.S. Treasury yields, as investors grew confident that the Federal Reserve would lower interest rates in September.

The Gold got a slight bump of 0.2% against the Dollar in the last session. The ROC is giving a positive signal.
The Gold-Dollar pair gained a moderate 0.2% in the last session.
The ROC is currently in positive territory.
Support: 2364.6447 | Resistance: 2458.8487