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 |