Fri, 12 Jan 2024 12:10:58 GMT
Gold is back above 2,050.00
The US CPI publication bounced the price for gold in the previously described range of 2,025.00/2,040.00. However, after the event, the price declined as low as the 2,015.00 mark, before support was found. The follow up recovery on Friday managed to reach above the 2,050.00 mark.
The ongoing surge could encounter resistance in the 2,060.00 level, prior to the commodity