Gold could see limited upside here before it reaches the resistance zone highlighted at 1898.23 – 1900.62. At this area, we could see a trend line breakout and retest and this level lines up with the Fibonacci confluence area as well.

August 2023 Market Wrap
The US dollar strengthened against its G10 currency peers to close above 104, supported by the narrative of a soft landing. The August CPI print