Old Prices Steady Ahead of Key U.S. PPI Data Release
suggests that gold may attempt to reach the key resistance level around $2,570. If prices manage to settle above this level, there could be further upside potential. However, if the price falls below $2,525, there could be a move towards testing support around $2,500, indicating a possible downside risk for today
In summary, while gold could continue to test higher levels today, there is also the possibility of a pullback if key resistance levels are not breached.
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