Gold price continues to struggle as U.S. ISM Services PMI falls to 54

Gold is under continued selling pressure as it fails to break above $4,200 resistance. The article expects limited upside momentum because U.S. services activity remains resilient, reducing the likelihood of a renewed bullish catalyst for bullion.

Analysis

Gold is under continued selling pressure as it fails to break above $4,200 resistance. The article expects limited upside momentum because U.S. services activity remains resilient, reducing the likelihood of a renewed bullish catalyst for bullion.