
Gold Price Forecast: Fresh record high or pullback for XAU/USD on US CPI inflation?
Gold is treading water near $3,650 early Thursday, lacking a clear directional impetus heading into the US Consumer Price Index (CPI) inflation test.
Gold is treading water near $3,650 early Thursday, lacking a clear directional impetus heading into the US Consumer Price Index (CPI) inflation test.
EUR/USD remains neutral near 1.1690 as traders await the ECB decision and US CPI release, with 1.1580 support and 1.1800 resistance defining key levels.
Gold (XAU/USD) remains strongly bullish near $3625, with bulls eyeing $3700 as Fed rate cut expectations and geopolitical tensions boost safe-haven demand.
USD/RUB climbs above 85.00 amid escalating Russia-West tensions, with traders eyeing resistance at 85.50 and potential upside toward 86.30.
NZD/USD is holding near 0.5930 with cautious upside momentum, as traders await US CPI and New Zealand manufacturing data for the next directional move.
Chainlink (LINK) is trading around $23.7, holding its ground after another attempt to push through the $24 region.