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Gold prices fell to $2,155 before bottoming out.
At this time, the one-year inflation rate forecast for the United States in March was released in the United States.
Predicted value 3.10%
Published value 3%
Preliminary value of the University of Michigan consumer confidence index in March
Predicted value 76.9
Published value 76.5
The data is very bullish for gold. As I said, there is strong support below gold, so it is a very wise choice to go long at low prices.
Now the gold price is supported below at $2,158, making it difficult to continue falling. It then turned to an upward trend, confirming my previous prediction.
Therefore, I prefer to go long at the low price of around $2160.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Gold prices fell to $2,155 before bottoming out.
At this time, the one-year inflation rate forecast for the United States in March was released in the United States.
Predicted value 3.10%
Published value 3%
Preliminary value of the University of Michigan consumer confidence index in March
Predicted value 76.9
Published value 76.5
The data is very bullish for gold. As I said, there is strong support below gold, so it is a very wise choice to go long at low prices.
Now the gold price is supported below at $2,158, making it difficult to continue falling. It then turned to an upward trend, confirming my previous prediction.
Therefore, I prefer to go long at the low price of around $2160.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
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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.