Gold hits fresh all-time high, on rate cut hopes
Any jump in US CPI will delay an early rate cut
and it will have a negative impact on Gold.
Read Till End
Technical:
The near-term support is around $2320, a
break below targets of $2300. The yellow metal
faces minor resistance around $2365 and a
breach above will take it to the next level of
$2400/$2420.
Signal
Sell $2365 with SL around $2400 for TP of $2320.
Buy $2320 with SL around $2300 for TP of $2400.