Gold Price Forecast: XAU/USD May Be Vulnerable to a Higher US CPI Print 2021-07-13 02:00:00 Daniel Dubrovsky, Strategist Gold, XAU/USD, US CPI, Fed, Technical Analysis - Talking Points: Gold prices traded flat on Monday as USD fell, Treasury rates rose All eyes are on US CPI, a higher-than-expected print may sink XAU The yellow metal is eyeing a key zone of resistance, watch 200-SMA Anti-fiat gold prices traded relatively flat to start off the trading week, with XAU/USD struggling to extend a bounce that started last month. During the Wall Street trading session, investors pushed the Dow Jones, S&P 500 and Nasdaq 100 to record highs ahead of the second-quarter earnings season amid brewing optimism for rosy results. This also reduced the demand for safer assets, such as Treasuries.