Economic Data Expectations
The market will eye the U.S. CPI on Wednesday and PPI on Thursday. Per a Reuters survey, February's CPI is projected to rise 0.3%. Traders anticipate a Fed rate cut in June. Concerns over economic growth downside risks and rate cut expectations underpin the price of gold.
XAUUSD sell @2920-2925
tp: 2900-2905
XAUUSD Buy @2900-2905
tp: 2915-2920
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
If you also aspire to achieve financial freedom，Follow the link below to get my daily strategy updates
The market will eye the U.S. CPI on Wednesday and PPI on Thursday. Per a Reuters survey, February's CPI is projected to rise 0.3%. Traders anticipate a Fed rate cut in June. Concerns over economic growth downside risks and rate cut expectations underpin the price of gold.
XAUUSD sell @2920-2925
tp: 2900-2905
XAUUSD Buy @2900-2905
tp: 2915-2920
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
If you also aspire to achieve financial freedom，Follow the link below to get my daily strategy updates
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.