Gold is facing uncertainty around its top levels as markets wait for more development, especially from the US.
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Gold experienced a correction yesterday following CPI data that supported the Dollar and Treasury yields.
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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.
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Gold's momentum has been non-stop for the last 9 sessions as pressure on Dollar and treasury yields continues.
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Gold's momentum is pushing it towards new historical highs, reaching the $2160 resistance level.
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Gold's momentum continues to drive it towards new historical highs, touching the 2160 resistance level.
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Gold continues its strong bullish momentum but is encountering resistance at the 2130 level.
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The gold market has reached a significant point, with spot gold prices surpassing the $2,100 per ounce mark, reflecting growing investor confidence in gold as a safe haven during economic suspense.
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Gold's bullish momentum continues, with the potential to rise beyond 2100 on a permanent basis.
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