Technical Analysis: Gold price flat lines above $2,300 pivotal support, bullish potential seems intact
''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

From a technical perspective, the Gold price now seems to have found acceptance below the 23.6% Fibonacci retracement level of the February-April rally, albeit showing some resilience below the $2,300 mark earlier this week. Moreover, oscillators on the daily chart – though have been losing traction – are still holding in the positive territory. Hence, it will be prudent to wait for some follow-through selling below the $2,300-2,290 area, or over a two-week low touched on Tuesday, before positioning for an extension of the recent pullback from the all-time peak. The subsequent downfall has the potential to drag the XAU/USD to the $2,260-2,255 area, or the 38.2% Fibo. level, en route to the $2,225 intermediate support and the $2,200-2,190 confluence, comprising the 50% Fibo. level and the 50-day Simple Moving Average (SMA).

On the flip side, immediate resistance is pegged near the $2,325 area ahead of the overnight swing high, the $2,337-2,338 zone. A sustained move beyond could allow the Gold price to test the next relevant hurdle near the $2,350-2,355 region and climb further towards the $2,380 supply zone. This is closely followed by the $2,400 round figure and the all-time peak, near the $2,431-2,432 area, which if cleared will set the stage for an extension of the recent blowout rally witnessed over the past two months or so.


💵 ACCOUNT MANAGEMENT SERVICE 💵

✨ Profit-sharing available with flexible broker options
💸 Minimum $500 deposit
💰 Daily profits of $300-350 guaranteed
🎯 Trade only on high-confidence signals
🤖 Automated Robot Trading with premium indicators

Join us and elevate your trading game today! #accountmanagement #financialsuccess
**************************************************************************************************
Dear valued client,

Unlock a free one-month reliable signal package by opening an account with Exness through my brokerage link. Deposit a minimum of $10 to get started today and elevate your trading journey with professional signals.

Don't miss out on this exclusive offer! Join Exness through my link now.

Registration Link : https://one.exness-track.com/b....oarding/sign-up/a/uq            ********************************************************************************************************

Technical Analysis: Gold price bears need to wait for acceptance below $2,300 before placing fresh bets
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

From a technical perspective, the Gold price now seems to have found acceptance below the 23.6% Fibonacci retracement level of the February-April rally, albeit showing some resilience below the $2,300 mark earlier this week. Moreover, oscillators on the daily chart – though have been losing traction – are still holding in the positive territory. Hence, it will be prudent to wait for some follow-through selling below the $2,300-2,290 area, or over a two-week low touched on Tuesday, before positioning for an extension of the recent pullback from the all-time peak. The subsequent downfall has the potential to drag the XAU/USD to the $2,260-2,255 area, or the 38.2% Fibo. level, en route to the $2,225 intermediate support and the $2,200-2,190 confluence, comprising the 50% Fibo. level and the 50-day Simple Moving Average (SMA).

On the flip side, immediate resistance is pegged near the $2,325 area ahead of the overnight swing high, the $2,337-2,338 zone. A sustained move beyond could allow the Gold price to test the next relevant hurdle near the $2,350-2,355 region and climb further towards the $2,380 supply zone. This is closely followed by the $2,400 round figure and the all-time peak, near the $2,431-2,432 area, which if cleared will set the stage for an extension of the recent blowout rally witnessed over the past two months or so.


💵 ACCOUNT MANAGEMENT SERVICE 💵

✨ Profit-sharing available with flexible broker options
💸 Minimum $500 deposit
💰 Daily profits of $300-350 guaranteed
🎯 Trade only on high-confidence signals
🤖 Automated Robot Trading with premium indicators

Join us and elevate your trading game today! #accountmanagement #financialsuccess
Contact_Us
**************************************************************************************************
Dear valued client,

Unlock a free one-month reliable signal package by opening an account with Exness through my brokerage link. Deposit a minimum of $10 to get started today and elevate your trading journey with professional signals.

Don't miss out on this exclusive offer! Join Exness through my link now.

Registration Link : https://one.exness-track.com/b....oarding/sign-up/a/uq            ********************************************************************************************************

Technical Analysis: Gold price strives for support near $2,300
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

Gold price struggles for a firm footing near $2,300. The precious metal remains on tenterhooks after sliding to near the 20-day Exponential Moving Average (EMA), which trades around $2,313. The yellow metal could fall to a three-week low near $2,265 amid multiple headwinds. A breakdown below the three-week low of $2,265 would expose the asset to March 21 high at $2,223.

The 14-period Relative Strength Index (RSI) falls below 60.00, suggesting that a bullish momentum has ended. However, the upside bias is intact until it sustains above 40.00.


💵 ACCOUNT MANAGEMENT SERVICE 💵

✨ Profit-sharing available with flexible broker options
💸 Minimum $500 deposit
💰 Daily profits of $300-350 guaranteed
🎯 Trade only on high-confidence signals
🤖 Automated Robot Trading with premium indicators

Join us and elevate your trading game today! #accountmanagement #financialsuccess
Contact_Us
**************************************************************************************************
Dear valued client,

Unlock a free one-month reliable signal package by opening an account with Exness through my brokerage link. Deposit a minimum of $10 to get started today and elevate your trading journey with professional signals.

Don't miss out on this exclusive offer! Join Exness through my link now.

Registration Link : https://one.exness-track.com/b....oarding/sign-up/a/uq            ********************************************************************************************************

Gold price struggles to lure buyers amid positive risk tone, reduced Fed rate cut bets
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from over a two-week low – levels just below the $2,300 mark – and oscillates in a narrow range during the Asian session on Wednesday. Diminishing fears about a further escalation of tensions in the Middle East turn out to be a key factor that continues to undermine the safe-haven precious metal. Apart from this, growing acceptance that the Federal Reserve (Fed) will keep interest rates higher for longer amid sticky inflation further contributes to capping the upside for the non-yielding yellow metal.

Meanwhile, the US Dollar (USD) languishes near its lowest level in over a week in the wake of Tuesday's disappointing release of the US PMIs, which suggested that the economic upturn lost momentum at the start of the second quarter. This, in turn, is seen lending some support to the Gold price as traders keenly await important US macro data – the Advance Q1 GDP report and the Personal Consumption Expenditures (PCE) Price Index on Thursday and Friday, respectively. In the meantime, the US Durable Goods Orders data might provide some impetus to the XAU/USD later today.


💵 ACCOUNT MANAGEMENT SERVICE 💵

✨ Profit-sharing available with flexible broker options
💸 Minimum $500 deposit
💰 Daily profits of $300-350 guaranteed
🎯 Trade only on high-confidence signals
🤖 Automated Robot Trading with premium indicators

Join us and elevate your trading game today! #accountmanagement #financialsuccess
Contact_Us
**************************************************************************************************
Dear valued client,

Unlock a free one-month reliable signal package by opening an account with Exness through my brokerage link. Deposit a minimum of $10 to get started today and elevate your trading journey with professional signals.

Don't miss out on this exclusive offer! Join Exness through my link now.

Registration Link : https://one.exness-track.com/b....oarding/sign-up/a/uq            ********************************************************************************************************

India Gold price today: Gold falls, according to MCX data
''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

Gold prices fell in India on Monday, according to data from India's Multi Commodity Exchange (MCX).

Gold price stood at 72,711 Indian Rupees (INR) per 10 grams, down INR 569 compared with the INR 73,280 it cost on Friday.

As for futures contracts, Gold prices decreased to INR 71,900 per 10 gms from INR 72,806 per 10 gms.

Prices for Silver futures contracts decreased to INR 81,870 per kg from INR 83,507 per kg.


💵 ACCOUNT MANAGEMENT SERVICE 💵

✨ Profit-sharing available with flexible broker options
💸 Minimum $500 deposit
💰 Daily profits of $300-350 guaranteed
🎯 Trade only on high-confidence signals
🤖 Automated Robot Trading with premium indicators

Join us and elevate your trading game today! #accountmanagement #financialsuccess
Contact_Us
********************************************************************
Dear valued client,

Unlock a free one-month reliable signal package by opening an account with Exness through my brokerage link. Deposit a minimum of $10 to get started today and elevate your trading journey with professional signals.

Don't miss out on this exclusive offer! Join Exness through my link now.

Registration Link : https://one.exness-track.com/b....oarding/sign-up/a/uq
********************************************************************