GOLD PRICE OUTLOOK
- Gold prices haven’t gone anywhere in recent days, though they are down more than 2% this year
- U.S. Core PCE data on Friday will likely guide the precious metal’s near-term outlook
- This article looks at XAU/USD’s key technical levels worth watching over the coming days
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Gold prices (XAU/USD) inched higher on Thursday, supported by falling yields, which ticked down across the curve despite stronger-than-expected U.S. gross domestic product data.
Considering recent moves, bullion has lost more than 2% this year, but it has lacked directional conviction over the past few trading sessions. Volatility, however, could pick up heading into the weekend, with U