Why isn’t a weaker dollar helping gold?Gold vs US-DollarBLACKBULL:XAUUSDBlackBull_MarketsGold has edged lower to $4,120 an ounce as oil prices raises inflation concerns ahead of next week’s Federal Reserve meeting. Brent crude reached a five-month high on renewed shipping disruptions in the Middle East. Higher energy prices could interfere with progress on inflation and give the Fed more reason to keep policy tight. A weaker dollar also offered little support. Gold’s recent price action remains weak. A sequence of lower lows over several months could point to continued selling pressure, while a descending trendline remains a potential barrier to a recovery. The Fed is widely expected to leave rates unchanged next week. Attention will be on the bank’s guidance and whether officials signal another increase in December.