(Kitco News) - The gold market has been unable to break its gravity with the $4,000 level, and according to some analysts, better-than-expected manufacturing data could put more pressure on the yellow metal as it gives the Federal Reserve room to focus on the persistent inflation threat.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.