Hello dear friends! As predicted yesterday, there hasn't been much significant movement in the price of gold, whether it's an increase or decrease, as it seems that the market is focused on the upcoming PPI and USD news to be released today and tomorrow. These could be important news for gold at the current time.
On the upside: Gold has started a sideways trend after a breakthrough to $1861 on Monday. Currently, the precious metal is trading steadily at $1863. The next moves after breaking through the resistance level at $1873 could provide further momentum for gold aiming towards the expected high of $1900.