Market View on 24 November 2025
🟡 Gold Summary (Easy & Short)
Gold stays firm above $4,050, trading around $4,047–4,075 as markets expect possible Fed rate cuts again.
Traders are waiting for US PPI and Retail Sales on Tuesday to confirm inflation trends.
📊 Key Levels
Support: $4,020 (very important), $4,000, $3,931
Resistance: $4,100, $4,152–4,155, $4,200
⚠️ If price breaks below $4,020, momentum turns bearish.
🔥 If price breaks above $4,100, bulls take control.
🎯 Market View
- Short-term: Neutral to slightly bullish above $4,020
- Medium-term: Waiting for Tuesday’s US data
- Drivers: PPI, Retail Sales, Fed speeches, PMI, Michigan Sentiment
🟢 Trade Ideas
Buy: Only if price stays above $4,100
→ Targets: $4,152 / $4,200
→ SL: below $4,075
Sell: If price breaks below $4,020
→ Targets: $4,000 / $3,931
→ SL: above $4,040
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now