Gold prices are expected to remain volatile in the coming days, with uncertainty surrounding the US-Iran war and inflation data. This week's focus will be on preliminary PMI data from major economies and updates on the US-Iran war, as well as developments regarding China and Taiwan borders and agreements. The market's volatility is expected to persist, with key levels to watch out for, including the 0.382-0.5 Fibonacci retracement zone, the 0.618 critical support level, and resistance levels at 155,500-155,800 and 156,200. The pattern resembles a bullish flag, but failure to hold 155,000 could shift the structure back into range. Manav Modi, Senior Analyst at Motilal Oswal Financial Services Ltd., advises caution and emphasizes the importance of expert opinions in the stock market and personal finance management.
