- Timeframe: 2 hour
- Just a idea
As per the gobal news- Technical selling pressure observed in gold and silver markets amid a lack of fresh fundamental news.
- Economic data this week, especially PCE data, could influence gold's trajectory.
- A weaker inflation reading may encourage a more serious debate on the timing of potential rate cuts, potentially supporting gold.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.