Chart of the day - GOLD (12.12.2023)

Investors' attention during today's session will be focused on the US CPI data reading for November, which will be the last key indication before the Fed's scheduled meeting on Wednesday. Economists estimate that in y/y terms, the headline reading will indicate a slight slowdown in the growth rate of prices and services in the US economy, while the core reading for the same snapshot will show the dynamics remaining at the same level.

CPI inflation (y/y). Expected: 3.1% y/y. Previously: 3.2% y/y.
Core inflation (y/y). Expected: 4% y/y. Previously: 4% y/y.
CPI inflation (m/m). Expected: 0% m/m. Previously: 0% m/m.
Core CPI inflation (m/m). Expected: 0.3% m/m. Previously: 0.2% m/m.

Analysts themselves are almost unanimous in their assessments, with the distribution of votes tilting nicely toward a lower reading. Source: eFX

For that matter, the instrument that may record increased volatility when the report is released is gold (GOLD). The precious metal is currently holding in the support zone defined by the 50-day exponential moving average (blue curve on the chart), which may currently be the main control level for GOLD. A possible upward breakout could take gold to the zone of the psychological barrier of $2,000 per ounce (another historically important supply zone). The nearest support after a possible bottom breakout from the 50-day EMA could be the blue curve, which is the 100-day EMA.

Source: xStation

17 July 2026, 7:01 PM

Daily Summary: A sell-off with a spin-off

17 July 2026, 6:17 PM

Iran Escalation: What to Watch and What to Expect

17 July 2026, 12:56 PM

What's next for Brent crude❓Traffic in the Strait of Hormuz at its lowest level in three weeks🚢

17 July 2026, 6:55 AM

Morninga Wrap: Wall Street Under Pressure. AI Loses Momentum, Netflix Disappoints, and the Persian Gulf Erupts

Commodities

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days