Gold remains vulnerable but is supported by expectations of a Fed pause and falling oil. In focus are ISM Services PMI data and Fed officials' speeches, which could affect rate expectations and dollar dynamics.
Drivers:
Upside: weak US data, falling yields and oil, dovish Fed signals.
Downside: strong dollar, rising oil, geopolitical escalation, hawkish Fed rhetoric
Resistance levels: 4180, 4220
Support levels: 4139, 4110
#XAU/USD#
Mr.Yang