🔔🔔🔔Gold price assessment:
➡️ Gold prices appear to be struggling to build on the day's modest gains and remain below the overnight high, as traders adopt a wait-and-see approach ahead of the release of the U.S. Consumer Price Index (CPI). This key inflation report is expected to play a crucial role in shaping market expectations regarding the Federal Reserve's interest rate cut path and could serve as a fresh directional catalyst for the non-yielding precious metal.
➡️ Analysis based on support, resistance and Fibonacci levels combined with EMA to come up with an appropriate strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3274 - 3277
❌SL: 3270 | ✅TP: 3282 - 3287 – 3292
👉Sell Gold 3360 - 3357
❌SL: 3364 | ✅TP: 3351 - 3346 – 3340
FM wishes you a successful trading day 💰💰💰
➡️ Gold prices appear to be struggling to build on the day's modest gains and remain below the overnight high, as traders adopt a wait-and-see approach ahead of the release of the U.S. Consumer Price Index (CPI). This key inflation report is expected to play a crucial role in shaping market expectations regarding the Federal Reserve's interest rate cut path and could serve as a fresh directional catalyst for the non-yielding precious metal.
➡️ Analysis based on support, resistance and Fibonacci levels combined with EMA to come up with an appropriate strategy
Personal plan:
🔆Price Zone Setup:
👉Buy Gold 3274 - 3277
❌SL: 3270 | ✅TP: 3282 - 3287 – 3292
👉Sell Gold 3360 - 3357
❌SL: 3364 | ✅TP: 3351 - 3346 – 3340
FM wishes you a successful trading day 💰💰💰
Trade active
personal plan
Hit + 220 pips from Buy 3360
setup successful
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.