Gold prices struggle as dollar strengthens and market sentiment remains bearish

Gold and silver prices are slightly down due to technical selling, with bulls hoping for positive fundamental news from this week's economic data. U.S. stock indexes are expected to open slightly lower, with the Federal Reserve announcing its latest monetary policy meeting results later in the week. China's consumer price index is down, indicating global inflation is cooling off. Traders will closely watch U.S. Treasury bond and note auctions, questioning the sustainability of increasing debt sales. U.S. economic data is light on Monday but picks up on Tuesday, including the consumer price index report and the start of the two-day Federal Reserve meeting. Technically, gold futures bulls still have the advantage, while silver bulls have lost their near-term advantage.