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Gold (XAU/USD)

Gold Rally Extends After Bank Earnings Shock


Gold continues its parabolic run after clearing R1 and R2 resistance levels, fueled by risk-off sentiment around credit market stress.


Key Levels: Support at $4,213.71 | Resistance at $4,393.25
Investor Takeaway: RSI at ~65 trending down after converging with MA line; flattening MACD buying pressures suggest consolidation but macro drivers remain supportive.