If XAUUSD closes below 2588, IT AIN'T stopping before 2560
As I look forward on the chart through technical point of view the nearest support to the gold is the Fvg zone where it is taking halt for some time and it is the 2590 to 2600, once it breaks it down there would be no looking back till 2560,
As the situation in the Us gives rise to the idea of fed not cutting interest rate down further in the coming moth of December and inflation data also seems like it is going to rise which further strengthens gold to stay above 2590 levels and it may bounce back to previous sessions highs which is around 2700.
XAUUSD
As the situation in the Us gives rise to the idea of fed not cutting interest rate down further in the coming moth of December and inflation data also seems like it is going to rise which further strengthens gold to stay above 2590 levels and it may bounce back to previous sessions highs which is around 2700.
XAUUSD 
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