Gold is holding near the key $4,000/oz level, but the article says one bank expects that support to break as inflation fears persist. The setup is negative for bullion near term, with price action framed as technically fragile and vulnerable to further downside if inflation concerns keep pressure on the market.
Gold is holding near the key $4,000/oz level, but the article says one bank expects that support to break as inflation fears persist. The setup is negative for bullion near term, with price action framed as technically fragile and vulnerable to further downside if inflation concerns keep pressure on the market.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.25