Gold Price Forecast: $4,500 Resistance in Focus Ahead of CPI - FXEmpire
Gold
AI desk brief
Gold is rangebound around $4,333.81, sitting above its 50-day EMA but still below the key $4,500 resistance. The market looks poised for a directional break only after the next wave of data and central-bank decisions, with U.S. CPI likely the most important catalyst.
Sources used
- S1 FXEmpire via Google News β Gold Price Forecast: $4,500 Resistance in Focus Ahead of CPI - FXEmpire