Gold Technical Analysis
Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points.
A CPI release exceeding 2.3% is expected to support a bearish trend towards 2587. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting 2638.
Key Levels:
Pivot Point: 2624
Resistance Levels: 2638, 2648, 2660, 2680
Support Levels: 2615, 2605, 2593
Trend:
Bearish below 2624
Bullish above 2,638
previous idea:

Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points.
A CPI release exceeding 2.3% is expected to support a bearish trend towards 2587. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting 2638.
Key Levels:
Pivot Point: 2624
Resistance Levels: 2638, 2648, 2660, 2680
Support Levels: 2615, 2605, 2593
Trend:
Bearish below 2624
Bullish above 2,638
previous idea:

Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.