_🌀 *XAU/USD Gold Market Outlook for October 30, 2024*_
_📍 Market Summary_
▪️ Gold price around $2,778, new record high
_📊 Technical Analysis_
▪️ Technical readings in daily chart favor another leg north
▪️ Bullish bias remains intact in near term
_🔍 Fundamental Analysis_
▪️ US Dollar under pressure following disappointing employment data
▪️ Market seeking safety ahead of key data and US elections
_🤔 Market Sentiment_
▪️ Bullish sentiment prevails, long-term trend remains alive
▪️ Near-term correction possible, but upward momentum strong
_📅 Upcoming Events_
▪️ Key US data releases
▪️ US elections
_📊 Support Levels_
▪️ $2,772
▪️ $2,760
▪️ $2,746
_📈 Resistance Levels_
▪️ $2,780
▪️ $2,795
▪️ $2,810
_💡 Additional Insights_
▪️ Gold market highly volatile, traders should stay informed
_📊 Conclusion_
▪️ Gold market bullish, potential for further upside
_⚠️ Disclaimer_
▪️ Content for educational purposes only, not investment advice. Trading carries risks.
_📱 WA_
▪️ +91 9500930700 for any queries.
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