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.
- Euro gains ground against British Pound despite French debt risks
- Euro extends losing streak against British Pound, hits 16-month low
- Gold declines as stronger US Dollar and yields weigh ahead FOMC Minutes
- EUR/USD Price Forecast: More downside likely below 1.1160
- Gold recovers further from two-month low amid some USD profit-taking
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