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Gold prices face resistance as the dollar rises Investing.com

Good morning
Market update
Asian stocks fall after disappointing results from “Nvidia
Rising as traders assess risks of war in Ukraine
“Reaching $97,000 for the first time ever
Interest rates are expected to remain unchanged, with proposals to reduce soon

Technical analysis:
American:
The return of buying activity will reinforce the previous uptrend The success of the index in entering the nearby resistance levels at 106.80 will increase optimism and resolve the path for prices to confirm 107.00 levels.
Otherwise, it is believed that a return of prices below the 106.20 support level would reduce optimism for a while.
Resistance: 106.65_106.80_107.00
Support: 106.45_106.20_106.00

American
The return of selling pressures on the pair’s move could reinforce the previous downtrend, and a break below the nearby support levels at 1.0520 will confirm a decline and open the door for prices to reach the -test 1.0500 levels.
Otherwise, it is believed that​​​​a price return above the resistance level at 1.0580 would extend the selling pressure temporarily.
Resistance: 1.0560_1.0580_1.600
Support: 1.0520_1.0500_1.0460

:
Despite the recent increases seen in gold prices, they still need to break through and settle above resistance levels at 2667 and 2675 to confirm that the uptrend will continue.
A break below the nearby support levels at 2646 would affect the recent uptrend and send prices into a sideways move
Resistance: 2667_2675_2684
Support: 2655_2646_2638

2024-11-21 19:47:00
#Gold #prices #face #resistance #dollar #rises #Investing.com

**Considering the ​potential for further interest rate hikes and the ongoing geopolitical uncertainty, what asset classes ⁤or investment strategies might‌ investors consider adopting to⁤ best navigate this volatile market environment?**

## World Today News Exclusive Interview:

**Navigating the Markets: ​A Look at‌ Stocks, Gold, and the Dollar**

**Intro:**

Welcome back to World Today News. Today,⁢ we’re diving deep into the latest market developments with two esteemed⁢ guests: [Guest 1 Name], [Guest 1 Credentials], ⁤and [Guest 2 Name], [Guest 2 Credentials].

We’ll unpack ⁣the recent drop in Asian markets following Nvidia’s earnings, the potential impact of ⁢the ongoing war ‍in Ukraine,⁢ and the anticipated trend for interest rates. ⁢We’ll also analyze technical indicators for the‍ American indices, the US ‌Dollar, and Gold prices.

**Segment ‍1: Global Stock Performance and Economic Uncertainty**

**(Host):**

Let’s start with the elephant in the room: the dip in Asian stocks after Nvidia’s disappointing results. What are the wider ramifications of this, and how does ⁤it reflect overall ⁢global ​economic sentiment?

**(Guest 1):**

**(Guest 2):**

**(Host):**

With the war in Ukraine continuing, how⁣ are investors weighing ⁤geopolitical risks alongside these economic indicators?

**(Guest 1):**

**(Guest 2):**

**(Host):**

The article suggests ‌that interest rate hikes might be on the horizon. What do ‍you anticipate⁢ this will mean for various sectors, particularly in​ this climate of economic uncertainty?

**(Guest 1):**

**(Guest 2):**

**Segment ⁤2: Analyzing Key Currency Pairs‌ and ‌Commodity Trends**

**(Host):**

Switching gears now‌ to the American ⁤and US Dollar. We‍ see both experiencing interesting dynamics.⁢ What factors are ⁣driving the current trends, and what⁣ future movements may be on the radar?

**(Guest 1):**

**(Guest​ 2):**

**(Host):**

And what about ⁢Gold?⁢ The article highlights both ⁤resistance and support levels. ‌What factors‍ might influence⁣ Gold’s ​trajectory in the coming weeks and ⁤months?

**(Guest 1):**

**(Guest ‌2):**

**(Host):**

based on our conversation today and the data we’ve seen, what investment strategies might be judicious in this dynamic market⁢ landscape?

**(Guest 1):**

**(Guest 2):**

**(Host):**

[Closing Remarks: Summarize the key points discussed, thanking both guests and providing details on where viewers can find more information on World Today News.]

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