Gold Could Test $4,000 Support This Week If CPI Report Comes in Hot, Analyst Says

XAU-0.03%
According to Forex.com analyst Fawad Razaqzada, gold could test major support at $4,000 per ounce this week if inflation pressures exceed expectations. The analyst's outlook hinges on the timing of the CPI report release, which could drive gold prices lower if the data comes in hotter than anticipated.
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