This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks.
Gold pricesagainst most currencies. When it was all said and done, the precious metal fell over 2% after a volatile session, breaking through several support levels and hitting its lowest point in two weeks.
Eager to gain insights into gold's future path? Discover the answers in our complimentary quarterly trading guide. Request a copy now!indicator, the Fed’s preferred inflation measure, is released. Traders should closely monitor this piece of data for insights into consumer price trends, keeping in mind that a hot report could send interest rate expectations in a hawkish direction, weighing on precious metals.
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