Gold CPI big news

Gold price (XAU/USD) struggles for a decisive move as investors turn cautious ahead of the US Consumer Price Index (CPI) data for August. The precious metal remains on tenterhooks as market participants see headline inflation rebounding due to a strong uptick in gasoline prices. Market participants worry that upside risks to headline inflation could elevate the likelihood of a final interest rate hike from the Federal Reserve (Fed) in the rest of the year.

Gold now buy 1912
Target. 1916
Target, 1920
Target,. 1940

SL 1898

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