The video discusses the upcoming core PPI data from the US and its potential impact on the gold market. It mentions that based on yesterday's data revisions, it is an extremely important data. Core PPI data is expected, with speculation that inflation may come in softer than expected. The video suggests that the US Tech index could also be affected by this data. Discussion includes the impact of a potential recession and mentions that the weekly chart of gold is positive over the last two years although mentions that there is not entry for a fresh trade in the market right now. A 4000 dollar is a potential target for Gold.