*🌀 XAU/USD Gold Market Outlook September 11, 2024* *📍 Market Summary* Gold prices are experiencing a slight uptick today, driven by a weaker US dollar and ongoing geopolitical tensions. *📍 Technical Analysis* ▪️ Gold has broken above the $2,500 mark, with a new resistance level at $2,515 ▪️ 14-day Relative Strength Index (RSI) is at 55, indicating a neutral-to-bullish sentiment ▪️ Key support levels: $2,485, $2,470, $2,450 ▪️ Key resistance levels: $2,515, $2,530, $2,550 *📍 Fundamental Analysis* ▪️ Weaker US dollar supports gold prices ▪️ Ongoing geopolitical tensions in the Middle East and Eastern Europe boost safe-haven demand ▪️ Central banks' physical gold buying continues to provide support *📍 Market Sentiment* ▪️ Overall outlook remains cautiously optimistic ▪️ Gold prices may consolidate near current levels before making another move upwards *📍 Disclaimer* For educational purposes only, not investment advice. Trading carries risks, consult a financial advisor. *📱 WA Contact* at +91 9500930700 for any queries.