Gold Consolidates on Safe-Haven Demand and Fed Easing Outlook
Gold remains bullish as US housing weakness accelerates disinflation, supporting rate-cut expectations. Kevin Hassett’s potential Fed Chair appointment favors growth protection over inflation concerns, while geopolitical risks—including US-China friction, BOJ divergence, and Middle East instability—sustain safe-haven demand.
Key Levels: Support at 4,076.10 │ Resistance at 4,218.58 / 4,011.97
Investor Takeaway: Sideways-to-up structure holds; breakout above resistance confirms continuation, support remains well-defined.
