XAUUSD - CPI - time to fly?
Diupdate
It’s no surprise that gold was at a technical inflection point just ahead of the CPI data this morning. The below 4-hour chart shows the price hitting the top of the channel I have been showing for quite some time.
A breakout to the topside would reinforce the notion that gold is set to move higher in the medium term and maybe a signal to add to positions for those already long on this trade or perhaps to initiate a position if on the sidelines.
Of course, I will be watching out for a dip that bulls step into buy on this morning’s inflation data.
A breakout to the topside would reinforce the notion that gold is set to move higher in the medium term and maybe a signal to add to positions for those already long on this trade or perhaps to initiate a position if on the sidelines.
Of course, I will be watching out for a dip that bulls step into buy on this morning’s inflation data.
Komentar
🐾 SELL XAUUSD zone 1967 - 1965⚠️ Stop Loss : 1972
💲 Take Profit 1: 1955
💲 Take Profit 2: 1950
💲 Take Profit 3: 1945
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.