Gold Price Analysis: Hot CPI Leaves a $4,470 Recovery in Play - FXEmpire
Gold
AI desk brief
Gold’s post-CPI selloff appears to have exhausted the prior bearish target band, with the metal reversing sharply and finishing the first hour up 1.16%. The analyst now drops the remaining $4,280 downside target and instead favors a recovery toward $4,470 into the Fed’s 16 September decision.
Sources used
- S1 FXEmpire via Google News — Gold Price Analysis: Hot CPI Leaves a $4,470 Recovery in Play - FXEmpire