Gold Spot / U.S. Dollar
Long
Updated

GOLD Price could retest Support after Growth

766
Gold remains in a bullish zone overall, but today’s price action shows a potential short-term downtrend forming. Weak China PPI data Profit-taking ahead of the US inflation report Ongoing uncertainty in US–China trade negotiations. Tensions over microchip policy between the US and China.

Key range to watch: 3350 – 3400.

3350 is acting as a strong support — a hold above could lead to a rebound A sustained break above 3400 may open the path toward higher targets.

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