Macro desks advise monitoring U.S. housing data releases as possible catalysts for dollar moves influencing gold’s direction. The US economic calendar will offer several high-tier data releases that could influence the market pricing of the Fed’s policy outlook and drive Gold’s valuation in the near term. We count the number of visitors to our pages, the type of device they use (iOS or Android), the browser they use and the duration of their visit to our websites and apps. This data is collected in aggregate and is not tied to specific users. Gold price forecast Monday shows bullish sentiment creeping in, aided by a weaker USD and soft yields. Spot gold’s 10-day moving average sits at $2,342, with algorithmic models flagging higher probabilities for short-term upside momentum.
