Gold rises over 1% on safe-haven demand, highest since August 2nd

By X-blogger - on August 13, 2024

Gold prices rose by more than 1% to hit the highest since August 2nd, driven by safe-haven inflows as traders awaited U.S. inflation data this week that could shed more light on the Federal Reserve’s interest rate cut path.

The Gold-Dollar pair skyrocketed 1.8% in the last session. The ROC is giving a positive signal.
XAU/USD exploded 1.8% in the last session.
The ROC is giving a positive signal.
Support: 2423.621 | Resistance: 2435.621

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