Gold and Silver Prices Set for Bullish Breakout as US Dollar Weakens – Key Levels to Watch
Gold and silver show strong bullish setups above key support levels, while continued weakness in the US Dollar Index could further boost precious metal prices.Gold (XAUUSD) prices are consolidating at the resistance of $3,400 level and are looking to break higher. Despite support for interest rate cuts from key Federal Reserve officials, the metal has been below the key resistance of $3,450. Investors remain cautious as the market awaits further confirmation on policy direction.Fed officials, in