Daily Market Report
➢ Gold holds near a two-week high, though it remains capped below the $4,200 level amid mixed market signals.
➢ Rising expectations of December Fed rate cut continue to support the non-yielding yellow metal.
➢ Technical buying above the $4,170–$4,175 resistance zone helped lift Gold during Asian trading hours.
➢ A modest rebound in the US Dollar acts as a slight headwind for XAU/USD.
➢ A positive risk-on market mood, driven by the outlook for lower US interest rates, limits strong safe-haven demand.
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