Gold Price Predictions: Will PCE Data Spark a Major Move in XAUUSD?
Gold prices hover around $3300 as investors anticipate the upcoming PCE data release. Traders will closely monitor critical price levels at $3277 and $3310, as these pivots will determine the next direction for XAUUSD. The expected volatility surrounding the PCE data could unlock significant trading opportunities for gold investors. As we approach the announcement, market sentiment remains cautious. Will the data trigger a breakout or a breakdown? Stay tuned for the market’s reaction, as the performance of gold could shift dramatically based on economic insights.