Gold struggle before CPI announcement
Gold price has had an unpredictable week before the NFP meeting. By the end of last week, gold price stopped at 1942.6 also H1 key level.
Look at the W and D timeframe we will see the downtrend structure. Gold has failed to break through the previous support at 1930 area and created a lower low. With the CPI announcement will be happening by Thursday next week, gold will remain the sideway movement between 1930 and 1954 until it break either current support or resistance depend on the news. By then the gold price might move back to 1915 or 1970.
Look at the W and D timeframe we will see the downtrend structure. Gold has failed to break through the previous support at 1930 area and created a lower low. With the CPI announcement will be happening by Thursday next week, gold will remain the sideway movement between 1930 and 1954 until it break either current support or resistance depend on the news. By then the gold price might move back to 1915 or 1970.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.