Gold Technical Analysis – The path of least resistance remains to the upside ...Middle East

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Gold Technical Analysis – The path of least resistance remains to the upside
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Fundamental OverviewGold continues to find support around some key technical levels as in the bigger picture it remains in a bullish trend amid the Fed’s easing cycle. The corrections will likely be triggered by the repricing in rate cuts expectations. The next big event for Gold will be the US CPI report due in two weeks. Higher than expected figures will likely trigger another selloff, while lower than expected data should keep the precious metal supported into new highs.Overall, we shouldn’t expect the same strong uptrend in gold going forward as we got used to in the past couple of years as the conditions changed across the board. In fact, the geop

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