🌀 *XAU/USD Gold Market Outlook for October 8, 2024* 📍 *Market Overview*  ▪️ Gold is trading near $2,645, showing slight bearish tendencies. Breakout range: $2,674 - $2,624. 📊 *Technical Analysis*  ▪️ Breakout possible above $2,650 resistance. ▪️ Oscillators on daily charts remain positive. ▪️ Immediate resistance at $2,673. ▪️ Next resistance at $2,685. ▪️ Immediate support at $2,652. ▪️ Next support at $2,638. ▪️ Final support at $2,613. 🔍 *Fundamental Analysis*  ▪️ Gold’s price influenced by interest rates and inflation outlook. ▪️ Geopolitical tensions boosting demand for safe-haven assets. 🤔 *Market Sentiment*  ▪️ Optimism for further price increases. ▪️ Some traders see resistance levels as selling opportunities. 📅 *Key Event* ▪️ FOMC Meeting tomorrow at 11:30 PM IST. 📊 *Support Levels* ▪️ $2,636 ▪️ $2,624 ▪️ $2,613 📈 *Resistance Levels*  ▪️ $2,666 ▪️ $2,674 ▪️ $2,685 💡 *Key Insights*  ▪️ Gold remains highly volatile; stay updated for any shifts. 📊 *Conclusion* ▪️ A bullish trend may follow if prices break above only $2,650.Or else Sell on Rise could be the strategy. Focus on buying near key supports and selling at key resistances. ⚠️ *Disclaimer*  ▪️ Educational content only, not financial advice. Trading involves risk. 📱 Contact ▪️ WApp: +91 9500930700 for inquiries.