Gold Price Outlook: Inflation, Fed's Guidance, and Nasdaq 100 Breakout Impact
The gold price outlook and the Nasdaq 100 are expected to experience increased volatility in the coming days, with focus on the US inflation report and the Federal Reserve's monetary policy announcement. The US consumer price index data will be closely watched to see if it aligns with expectations of easing interest rates, while the Fed's guidance could impact financial conditions. Technical analysis suggests that gold may face downward pressure if it falls below key support levels, while the Nasdaq 100 has broken through a significant resistance level and could potentially retest its all-time high.