Gold prices await green light amidst market uncertainty.

Gold prices are waiting for a catalyst to ignite a big move, which is expected to be higher, according to many Wall Street analysts and retail investors. Retail investors remain bullish on gold, looking for prices to retest resistance just below $2,050 an ounce. Wall Street analysts are evenly split, with many saying traders must distinguish between short-term volatility and the broader trend. The primary driver of gold prices remains the Federal Reserve's monetary policy and the impact that it is having on the U.S. dollar.