Gold Price Forecast: XAU/USD looks to US CPI and Warsh’s testimony for the next big move

Gold is recovering a part of the previous 3% slide to two-week lows near $3,985, back above the $4,000 level in Asia on Tuesday. Gold traders brace for intense volatility on the US Consumer Price Index (CPI) data release, followed by Federal Reserve (Fed) Chair Kevin Warsh’s testimony.

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