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Gold Forms Bullish Flag Above $4,000 — Eyeing Breakout Toward $4,900 Next

GOLD was closed on Friday at weekly lower levels after made new ATH level of $ 4381 in the same weekly trading session as after weaker-than-expected US CPI data boosted hopes for lower interest rates. The delayed report showed headline inflation at 3%, slightly below forecasts, while core inflation eased to 3%, indicating cooling price pressures. Despite the rebound, gold is set to end its nine-week rally, down over 5% this week after heavy profit-taking. Still, the metal remains up 55% year-to-date, supported by trade tensions, geopolitical risks, and anticipation of next week’s Trump–Xi trade talks.