Tickr FX

📊 Daily Level ✅

👨‍💻Following a fatal in that fueled concerns about the regional conflict worsening, gold prices rose 1% on Wednesday to their level in a , keeping the safe-haven asset in . According to Palestinian reports, a bombing at a hospital in Gaza City on Tuesday resulted in hundreds of deaths, sparking demonstrations across the Middle East and the West Bank ahead of US Vice President Joe Biden's visit to Israel.

📊 Daily Level ✅

👨‍💻On charts, the XAU/USD has deviated from key at the 200-day , which is located near the 1885–1890 low from June–August. The February low of 1805, which is close to solid support on the 200-week moving average, has been thanks to the break . 1785 and 1720 (the 76.4% of the 2022–2023 advance) provide as more support.

📊 Daily Level ✅

👨‍💻Due to pressure from a and high Treasury yields, fell to its levels in seven on Monday, trading below $1,850 an ounce. were about the possibility of a situation in which in the US would continue to rise after the Reserve delivered a hawkish pause at its policy meeting in September. Higher rates reduce the appeal of holding non-yielding bullion by raising the cost.