📊 Market Analysis Product: XAU/USD Prediction: Decrease 🔵𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: After gold prices fell below the October 10 low of $2,603 per ounce, it seems ready to continue dropping. With prices now under $2,600 per ounce, the next support level is the psychological level of $2,550, followed by the 100-day Simple Moving Average (SMA) at $2,537. If gold breaks below these levels, the next target could be $2,500. If gold recovers and stays above $2,600, buyers will focus on the 50-day moving average at $2,647 and then $2,650. If prices break above these levels, the next resistance is $2,710, the high from November 7. With the Relative Strength Index (RSI) moving away from neutral, momentum is now bearish, meaning prices may keep falling. 🟢𝗙𝘂𝗻𝗱𝗮𝗺𝗲𝗻𝘁𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: On Tuesday, November 12, gold prices fell sharply to a nearly two-month low as the U.S. Dollar Index hit a four-month high. This makes holding gold more costly for buyers using non-dollar currencies. Analysts also noted a large outflow of funds from gold ETFs, which is a major downside for gold prices. By the close of the day, gold dropped $21.20, or 0.81%, to $2,598.03 per ounce, with a low of $2,589.40. The market now expects the Federal Reserve to be less likely to cut rates in December. Gold ETFs saw large withdrawals, indicating that investors are moving towards riskier assets. Gold was boosted earlier by "Trump trade" excitement before the election but is now dropping due to optimism about economic growth. Trump's aggressive appointments may help him negotiate, reinforcing the likelihood of his promised tariffs. Full analysis here : https://mykvb.com/insights/mar... Link for special offer😎: https://vpmgeykv4.kvbii.