XAUUSD

The precious metal is preparing to move within a cautious trading range ahead of tomorrow's high-impact U.S. inflation report. While the indirect effects of inflation data from Europe on the Dollar Index will be monitored, the main catalyst for Gold is expected to be the U.S. data tomorrow. Therefore, it is anticipated that during today's session, investors will adopt a "wait-and-see" strategy by avoiding large positions, and prices are expected to consolidate within a narrow corridor.