XAUUSD ANALYSIS GOLD was up on Thursday morning after testing the low level of $ 2582 in the last trading session as Gold rose above $2,610 per ounce on Thursday, likely due to a technical recovery after losing more than 2% in the previous session. The decline followed the Federal Reserve’s hawkish signal of fewer rate cuts next year, with the dot plot projections showing only two rate cuts in 2025, supported by strong GDP growth and persistent inflation. *Right now GOLD is trading around $ 2610. If it sustains above the level of 2615 then it can test the level of 2620, 2625 & 2635 as well.  On the other side if it comes below the level of 2605 then it can retest the level of 2600, 2595 & 2585 as well.*