Gold retreats as traders see slower Fed rate cuts in 2025

By X-blogger - on December 18, 2024

Gold slipped under pressure from a strengthening U.S. dollar and climbing Treasury yields as investors focused on the Federal Reserve’s final policy meeting of the year with growing expectations of a gradual pace of rate cuts in 2025.

The Gold dipped a slight 0.2% against the Dollar in the last session. The RSI is giving a negative signal.
Support: 2608.8 | Resistance: 2685.3

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