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Gold Prices React to Key US Inflation Data /
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2024-05-15 08:08:13

Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Steady Ahead of US Inflation Data, Gain Momentum Despite Strong CPI ...

Gold Prices Steady Ahead of US Inflation Data, Gain Momentum Despite Strong CPI
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#1427aa63 ver:0.11

Gold prices steady ahead of US inflation data, gaining momentum despite strong CPI. Traders await core CPI data, which could show a moderation in underlying inflation, potentially leading to rate cuts. Gold hits high of $2,361, with near-term support at $2,330 and resistance at $2,360. Buy on dips around $2,330-32 with stop loss at $2,315 and take profit target of $2,400. #GoldPrices #InflationData #RateCuts #Investing...

#newstr #Gold #UsInflation #UsEconomicData #UsDollarIndex

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