gold waits for news from CPI
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as Middle East geopolitical tensions persisted but then fell back as the USD recovered. In the context of investors maintaining caution, precious metals are unlikely to break out before the release of the FOMC minutes and the US CPI on Thursday.
The USD did not fluctuate much when the US market was closed for the President's Day holiday
The USD did not fluctuate much when the US market was closed for the President's Day holiday
Note
SELL XAU 2026 - 2028TP1: 2022
TP2: 2015
sl: 2037
Note
running + 40 pips
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