Gold Price Forecast: XAU at Major Support Level as US CPI Nears https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2022/05/11/Gold-Price-Forecast-XAU-at-Major-Support-Level-as-US-CPI-Nears.html Gold prices may fall below confluent support on tonight’s US inflation data. A drop below the 200-day SMA and trendline support may see prices hit the 2022 low.
Gold Price Forecast: XAU at Major Support Level as US CPI Nears https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2022/05/11/Gold-Price-Forecast-XAU-at-Major-Support-Level-as-US-CPI-Nears.html Gold prices may fall below confluent support on tonight’s US inflation data. A drop below the 200-day SMA and trendline support may see prices hit the 2022 low.



