Gold Prices Hold Steady Amid Inflation Data and Market Volatility
Gold prices managed to establish a base and rally on Monday, with the first barrier to watch at the $2,050 mark. USD/CAD has erased the rally of the second half of April, with traders watching technical support near the psychological 1.3300 mark. GBP/USD is approaching key technical resistance near 1.2975, with a topside breach of technical resistance at 1.2675 reinforcing positive momentum.