Dear friends, currently Gold price (XAU/USD) continues to maintain good price growth. Currently, the precious metal is currently trading around the $2,075 region, up more than 0.50% on the day and remaining well supported by growing bets that the Federal Reserve (Fed) will soon begin cutting interest rates, as early as March. This, along with geopolitical risks and concerns about a fragile economic recovery in China, has provided some support for the yellow metal. profit again.

For these reasons, it would not be surprising if Bella expected the price to soon rise to $2,110 after adjusting to the designated zone.