đ„ Gold & Silver Close Higher | CPI Next
Gold settled at $4,139.40 (+1.70%), while silver closed at $53.31 (+2.87%). A softer dollar and lower oil prices helped support both metals.
Strong jobs data still has December Fed rate-hike expectations near 82%. Tuesdayâs U.S. CPI report is the next key catalyst, due at 8:30 a.m. ET. BLS release schedule
đ Levels to watch :
đ„Gold: Resistance at $4,147.62 and $4,200; support at $4,088.51 and $4,051.45
đ„Silver: Resistance at $54.617 and $55.00; support at $53.107 and $51.153
A cooler inflation reading could ease rate concerns and support metals. A hotter print may bring renewed pullback risk.
Stay nimble around the releaseâcash is a position.
NFA.
TRADE $XAU | $XAG HERE
Gold settled at $4,139.40 (+1.70%), while silver closed at $53.31 (+2.87%). A softer dollar and lower oil prices helped support both metals.
Strong jobs data still has December Fed rate-hike expectations near 82%. Tuesdayâs U.S. CPI report is the next key catalyst, due at 8:30 a.m. ET. BLS release schedule
đ Levels to watch :
đ„Gold: Resistance at $4,147.62 and $4,200; support at $4,088.51 and $4,051.45
đ„Silver: Resistance at $54.617 and $55.00; support at $53.107 and $51.153
A cooler inflation reading could ease rate concerns and support metals. A hotter print may bring renewed pullback risk.
Stay nimble around the releaseâcash is a position.
NFA.
TRADE $XAU | $XAG HERE
