On the m15 frame chart we will have Scalping signals today with support at 2365 and resistance at 2371. The main trend in the small frame is up and is being supported by two EMA lines. Therefore, a BUY scalp signal around 2365 is still being considered by investors.
Gold prices held steady in early trading Wednesday morning in Asia.
Expectations of Fed interest rate cuts continue to boost yellow metal prices.
The PBoC has restrained gold purchases for a consecutive month, limiting XAU/USD's rise.