XAUUSD: The market is gloomy due to the lack of news!

In the day ahead, risk sentiment will play an important role in US Dollar dynamics, as there is no important economic data to be released from the North American economy. Meanwhile, speeches by Fed policymakers could also be scrutinized for fresh hints about the central bank's policy outlook. However, any move is likely to remain limited for the Greenback, as well as Gold prices ahead of the release of all-important US CPI data on Thursday.


Predicting a slight increase to the 195x price zone and sideways in the short term!