🌀 *XAU/USD Gold Market Outlook for October 10, 2024* : 📍 *_Market Summary_* ▪️ Gold trades around $2,610, looking bearish. Expecting retracement. Next breakout Strong Support level is $2600.  📊 *_Technical Analysis_* ▪️ Breakdown below $2,600 support level ▪️ Oscillators on the daily chart holding in negative territory ▪️ Immediate resistance at $2,614 ▪️ Next resistance at $2,633 ▪️ All-time high at $2,685 ▪️ Immediate support at $2,604 ▪️ Next support at $2,590 ▪️ Final support at $2,560 🔍 *_Fundamental Analysis_* ▪️ Gold prices supported by safe-haven demand amid geopolitical tensions and expectations of dovish FOMC outcome. 🤔 *_Market Sentiment_* ▪️ Market participants are cautious, expecting a further decline ▪️ Others see the current resistance level as a selling opportunity 📅 *_Upcoming Events_* ▪️ Today & Tomorrow at 6 pm Core CPI & PPI data (high impact news) 📊 *_Support Levels_* ▪️ $2,604 ▪️ $2,590 ▪️ $2,560 📈 *_Resistance Levels_* ▪️ $2,615 ▪️ $2,633 ▪️ $2,649 💡 *_Additional Insights_* ▪️ Gold market highly volatile; traders should stay informed 📊 *_Conclusion_* ▪️ Gold market bearish after breaking below $2,624 support level. Next support is $2600. Look for selling opportunities at key resistance levels and buying opportunities at key support levels. ⚠️ *_Disclaimer_* ▪️ Content for educational purposes only; not investment advice. Trading carries risks. 📱 *_WA_* ▪️ +91 9500930700 for any queries.