Gold Outlook: Sideways Near $4,200 Ahead of US ADP, Services PMI

Gold price analysis

Gold outlook remains constructive amid a dovish Fed and ongoing geopolitical risks. Deutsche Bank upgraded its gold forecast to $4,950 in 2026. Markets await key US data to find fresh short-term impetus. Gold price stays above the $4,200 level on Wednesday during the European session, consolidating after a sharp rally as investors awaited US economic…

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