Market Analysis for Today
Abstract：Gold climbed for the second straight day due to a plunge in United States (US) yields following data that hinted at fading core inflation. This suggests that the Federal Reserve (Fed) could ease polic
Gold climbed for the second straight day due to a plunge in United States (US) yields following data that hinted at fading core inflation. This suggests that the Federal Reserve (Fed) could ease policy due to the disinflation trend. The XAU/USD trades at $2,690.
The golden metal resumed its uptrend after the US Bureau of Labor Statistics (BLS) revealed that underlying consumer inflation dipped compared to estimates and the previous months reading. The data sent US yields tumbling, as there is an increasing chance that the Fed will not exclude interest rate cuts following the December meeting.
Gold opened at around 2679and rose to around 2679at the highest and around 2672 at the lowest before press time.Pay attention to the resistance of 2710-2720-2730 If it fails to break through, it will test 2670-2660-2650
WikiFX Broker
Latest News
Apple Faces Lawsuit Over Fake Crypto App Exposing $1.8 Million Theft
WikiFXTrump Memecoin Faces SEC Scrutiny After Nearly One Million Investors Suffer Heavy Losses
WikiFX"They Want to See Your Face": Inside ATFX Cambodia's Rise
WikiFXSpread Cheating: The Invisible Trading Cost That Could Be Working Against You
WikiFXLevels Review: No Regulation and Mounting Withdrawal Complaints – What Traders Need to Know
WikiFXLQH MARKETS Review: Multiple Traders Report Withdrawals Blocked and Accounts Terminated
WikiFXBorn2trade Adds Copy Trading to 1:5000 Leverage Platform
WikiFXPILOTFX Review: What Traders Should Know Before Depositing
WikiFXLMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?
WikiFXTrade24Seven Review: What Traders Should Know Before Depositing
WikiFXRate Calc
