Based on the information provided, the current sentiment for gold appears to be bullish:
The easing dollar is supportive of higher gold prices. The anticipation that the U.S. inflation data might lead to rate cuts by the Federal Reserve is also bullish, as lower interest rates typically boost gold prices. The recent rise in both spot gold and U.S. gold futures indicates positive momentum. Overall, the factors mentioned suggest a bullish outlook for gold in the near term.
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