Gold and Silver Price Predictions: Will CPI Data Trigger a Breakout?
Gold (XAU) trades cautiously around $2,675 as traders brace for upcoming CPI data. The implications of this data could either ignite a bullish breakout or intensify bearish pressures. Market participants must remain alert to the market’s reaction post-CPI release, as both gold and silver prices closely track inflation expectations. Analyzing price trends around this data point will be essential for traders looking to make informed decisions in the precious metals market.
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