Gold notched third weekly gain as markets look to Trump inauguration

By X-blogger - on January 20, 2025

Gold prices were pressured by an uptick in the U.S. dollar, but still notched another weekly gain as uncertainties around incoming President Donald Trump’s policies and renewed bets of further rate cuts lifted bullion above the key $2,700 level.

The last session saw the Gold fall 0.4% against the Dollar. The MACD is giving a positive signal.
Support: 2674.6 | Resistance: 2732.5

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