Gold prices collapsed during yesterday’s session as traders returned after a weekend of digesting the latest inflation data.
With the US CPI reigniting fears about persistent inflation, will this give the Fed something to think about at the next meeting?
The $1800 psychological level serves as a prominent target for bears, as if this breaks, we could see yearly lows emerge.
Timestamps
XAUUSD 01:50
WTI 02:55