Chat with us, powered by LiveChatGold Pauses for US CPI Data, Waiting for Direction

Gold Pauses for US CPI Data, Waiting for Direction

Gold Pauses for US CPI Data, Waiting for Direction

Gold Pauses for US CPI Data, Waiting for Direction

Gold is currently on hold, awaiting the release of today's US CPI data to decide whether to correct lower or continue its upward trend. The next resistance level is at 2200, while the range of 2140-2145 is considered potential support for the precious metal.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2300

2250

2200

2120

2088

2055-60

 

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