XAU/USD PPI

13 Tem 2023

The consensus for PPI is to come out lower which is negative for the $, if that is the figure then we could see this play out for XAU ! On the other hand if PPI comes out high, we will see XAU shorts. Current price does look like a reaccumulation.

13 Tem 2023

Not

Mix news with inflationary unemployment news, market is fighting however id still like to see bullishness of XAU due to PPI news coming out negative for the $.

16 Tem 2023

Not

Again secured some profits price was moving sideways...Waiting for price to hit the lows before buys...