Gold trades flat ahead of US PCE data. Read Till
End
The US real gross domestic product in the first
quarter came at 1.3% below forecast of 1.6%
Technical:
The near-term support is around $2320, a
break below the targets of $2300. The yellow
metal faces minor resistance around $2365
Signal
Sell $2350 with SL around $2360 for TP of $2320.
Buy $2300 with SL around $2280 for TP of
$2360.