📉 Sharp Drop from ATH – Key Market Reaction 🔥 Gold saw a strong rejection at the previous ATH zone, which we had highlighted earlier. 📌 The price dropped nearly 70 points, falling back below 2880 – marking the biggest drop in a month. 🛑 A double-top pattern has formed on the H4 timeframe, with strong bearish confirmation. 🏛 Fundamental Insights: PCE Data in...
📢 Key Market Drivers Gold is holding strong bullish momentum, supported by India’s festive demand and macroeconomic factors. 🔹 💍 India’s Festival & Wedding Demand Massive gold buying for Diwali & weddings is fueling demand. Increased gold imports are adding further market support. 🔹 📈 Inflation & Economic Trends US PPI inflation came in hotter than expected but...