$XAU
Gold slips to $4,280 as dollar strengthens
Spot gold pulled back to around $4,280-4,300, pressured by a stronger US dollar (2-month high) after strong PMI data and hawkish Fed comments. Short-term technical outlook: neutral-to-bearish, with MACD negative and RSI mid-range.
Support: $4,227-4,300 | Resistance: $4,316-4,405
$XAU #Gold #PreciousMetals
Gold slips to $4,280 as dollar strengthens
Spot gold pulled back to around $4,280-4,300, pressured by a stronger US dollar (2-month high) after strong PMI data and hawkish Fed comments. Short-term technical outlook: neutral-to-bearish, with MACD negative and RSI mid-range.
Support: $4,227-4,300 | Resistance: $4,316-4,405
$XAU #Gold #PreciousMetals
