Gold Price Starts Correction, US CPI Next

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-gold50.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-gold50.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gold50-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gold50-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gold50-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2020/03/f-gold50-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights Gold prices started a downside correction from the $2,010 zone. A major declining channel is forming with resistance near $1,945 on the 4-hour chart. Crude oil prices are attempting a recovery wave from the $75.00 zone. The US Consumer Price Index could decline from 3.7% to 3.3% in Oct 2023 (YoY). Gold Price [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527212-gold-price-starts-correction-us-cpi-next/">Gold Price Starts Correction, US CPI Next</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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