#Gold prices rose for a second session on Tuesday as the dollar weakened, with markets evaluating the possible consequences of U.S. President Donald Trump's policies in his second term after his inauguration.
"The mixed dynamics do see gold prices holding up for now and we may expect gold to remain an attractive hedge instrument. The $2,720 level will be an immediate resistance to watch
LEVEL’S
Current Price: 2728
Bullish Scenario: : If GOLD Sustains Above $2730
Potential Targets:
* $2735
* $2740
•$2745
BEARISH Scenario: If GOLD Falls Below $2720
Potential Support Levels:
* $2715
* $2710
* $2705
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