Gold Prices Edge Up Followed by CPI Data Release
Gold prices are slightly increasing while the market awaits the release of CPI data today. The price range movements continue and the current resistance level is at 2038, with the next support at 2006. Gold is expected to experience greater volatility, particularly with geopolitical developments and movements in yields that may be affected by data releases this week.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2070 |
2055-60 |
2038 |
2006 |
1975 |
1965 |