Gold Technical Analysis for January 15, 2024 by Chris Lewis for FX Empire

Gold markets had a strong day on Friday as the PPI numbers came out weaker than anticipated, completely flying in the face of the CPI numbers that came out stronger than anticipated on Thursday.
For the full article:
www.fxempire.com/forecasts/ar...
📲 DOWNLOAD OUR APP!
apple.co/3Ljn60d
bit.ly/3K1UE1g
Charts provided by the courtesy of Barchart.
Find more information about Cryptocurrencies www.fxempire.com/crypto - Forex and Commodities News www.fxempire.com/news - Technical Analysis www.fxempire.com/forecasts/te... - Fundamental Analysis www.fxempire.com/forecasts/fu... and Brokers www.fxempire.com/forex-brokers on FX Empire www.fxempire.com/

[@kasitalentkasiraw6955]

Will it drop on Monday?

[@user-fo9lq5oc8k]

Gold had made most of its move before ppi figures were released Chris. It is mainly moving higher due to increased military action in the middle east.

[@Cybervue]

I agree I think the widening middle east conflict is driving the price.