D.Trump officially becomes US President , a Big bang for Gold?
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Gold prices continued to fall below $2,700 during the Asian session on Monday. Among the factors driving the decline were higher US Treasury yields, easing tensions between Israel and Gaza, and the market awaiting the inauguration of US President Donald Trump.
Investors are waiting for President Trump to issue the first order on the US President's diamond so they can make specific investments.
Technically: Determined based on the H4 time frame and following the trend line as follows:
Resistance: $2724, $2748
Support: $2660, $2635
Price Zone Setup: 👉 Buy XAU 2686-2684 (Asia-Europe Session)