Gold trades on hold at $4,306 on Monday — caught between a recovering technical structure and a macro calendar that doesn’t heat up until mid-week. With no high-impact US data scheduled today and a light European docket, the session is unlikely to provide directional conviction. The path of least resistance points toward a dip toward the $4,120–$4,138 demand zone before any meaningful recovery attempt, with Wednesday’s US CPI release serving as the week’s defining catalyst.
- Gold recovers above $4,000 as Oil prices ease, Fed decision looms
- GBP/USD Price Forecast: Drops to one-week low near 1.3320, 38.2% Fibo. on firmer USD
- Euro tests 0.8400 against British Pound as German business climate beats expectations
- Euro tests 0.8400 against British Pound as German business climate beats expectations
- EUR/JPY Price Forecast: Falls below 176.00 after a bullish gap opening
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