Gold prices (XAU/USD) are experiencing dip-buying after falling to around $2,735, supported by safe-haven demand from the US presidential election and geopolitical tensions. Expectations of continued Fed interest rate cuts are lowering US Treasury yields, further supporting gold.
Technically, support is around $2,720-2,715, with resistance at $2,748-2,750 and $2,790. A break above $2,820 would signal a continuation of the bullish trend.
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