GOLD - CPI pressure
the gold price reaches all your targets, as we mentioned in our previous idea
Generally, the direction is uptrend.
Uptrend Side: Currently, the price is trading above 2519 and is approaching the previous high of 2529. Be cautious, as there may be a downward correction before a strong upward movement that could push the price to new highs of 2540 or 2555. This is likely to occur with the release of today's CPI data, especially if the data is favorable for gold prices.
Downtrend Side: Otherwise, the bearish correction may continue, pushing the price below 2507 and potentially under 2497, activating further downward movement. This scenario is more likely, especially if the CPI data is unfavorable for gold prices.
Tendency Keys: 2529
Generally, the direction is uptrend.
Uptrend Side: Currently, the price is trading above 2519 and is approaching the previous high of 2529. Be cautious, as there may be a downward correction before a strong upward movement that could push the price to new highs of 2540 or 2555. This is likely to occur with the release of today's CPI data, especially if the data is favorable for gold prices.
Downtrend Side: Otherwise, the bearish correction may continue, pushing the price below 2507 and potentially under 2497, activating further downward movement. This scenario is more likely, especially if the CPI data is unfavorable for gold prices.
Tendency Keys: 2529
about 4 Analysis per day.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.