GOLD
Technically, continued dollar weakness could allow gold to rebound from 4330 toward 4400. However, profit-taking around 4380–4400, followed by a false breakout, could trigger a reversal.
Bullish drivers: Weaker-than-expected inflation data, Continued U.S. dollar weakness, Lower rate expectations
Bearish drivers: U.S. dollar strengthening, Rising oil prices and inflation expectations, Profit-taking ahead of the CPI report
Resistance levels: 4371, 4382, 4400
Support levels: 4327, 4313, 4302
Mr.Yang