XAUUSD - Daily Bulletins | Sardis Global Research

In gold prices today, central bank decisions and macroeconomic data to come from the U.S. are at the forefront. While the strong course of the inflation data coming from Japan affects global interest rate expectations, the consumer confidence data to be released in the U.S. could determine gold prices through the direction of the dollar. Additionally, U.S. bond auctions and oil inventory data could affect the general risk perception in the markets. Along with this, statements by ECB President Christine Lagarde will also be closely monitored. In this direction, it is anticipated that upward movements will struggle to achieve permanence and selling pressure could remain at the forefront.

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