Gold Price Analysis: Key Levels to Watch This Week

Gold has been consolidating in a tight range after last week breakout.

Key levels:

• Support: $2,310 — if this breaks, expect a test of $2,280
• Resistance: $2,350 — the bulls need to clear this for a run at $2,400
• Key driver: Real yields and USD strength

What to watch:

• Fed speeches this week
• CPI data release
• Geopolitical developments in the Middle East

Our gold analysis tool tracks these correlations in real time.

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