GOLD was down on Tuesday morning after testing the high level of $ 2181 in the last trading session as investors cautiously awaited the latest US PCE price index report, which is the Federal Reserve’s preferred inflation gauge. Last week, the Fed maintained its outlook for three interest rate cuts this year, raising the appeal of gold.
Right now #GOLDTODAY# GOLD is trading around $ 2171. If it comes below the level of 2165 then it can test the level of 2160, 2155 & 2145 as well.
On the other side if it sustains above the level of 2175 then it can retest the level of 2180, 2185 & 2195 as well.
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