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XAU/USD GOLD MARKET ANALYSIS
Spot gold is hovering near two-month highs (~$3,450), driven by heightened Middle East tensions and ongoing safe-haven demand . It’s consolidating between $3,440–$3,450 ahead of potential breakout or pullback.
On the radar:
Holding above $3,400–$3,430 is key support.
Resistance lies at $3,450–$3,500 — a breakout could spark a rally toward $3,500+ .
