XAUUSD - Trading strategy after CPI news on December 13

Zaktualizowano
World gold prices fluctuated slightly with spot gold down 1.3 USD to 1,979.5 USD/ounce. Gold futures last traded at 1,993.2 USD/ounce, down 0.5 USD compared to yesterday morning.

Although the world gold price this morning was listed close to the level of yesterday morning, it has decreased sharply compared to the increase during the day. Specifically, gold plunged and lost the previous 0.5% increase after a new report was released showing that consumer prices in the US did not decrease in November. Inflation data was released first. The Fed's final monetary policy meeting in 2023. The market is expecting the US Central Bank to maintain interest rates at its meeting on Wednesday.

The consumer price index (CPI) rose 3.1% year-on-year in November, in line with economists' expectations. November CPI increased 0.1% compared to the previous month. The dollar pared losses after the CPI data and made gold less attractive to holders of other currencies.

Economists note that the latest inflation data could cause a shift in market expectations for an interest rate cut as early as March. US Federal Reserve officials ( The Fed) has emphasized that it needs to see a sustained downward trend in inflation before starting to reduce interest rates.
Uwaga
💵BUY XAUUSD 1979 - 1977💵

❌SL 1969
✔️TP 1985
✔️TP2 1995
Uwaga
HIT FULL TP
forexsignalforexxauusdFundamental AnalysisgoldideagoldsignalgoldtrendTechnical IndicatorsTrend AnalysisTrend Line Breakxauusdideaxauusdsignalxauusdtrend

PREMIUM CHANNEL ✉️

🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.

t.me/xauusdtradingfx
Również na:

Powiązane publikacje

Wyłączenie odpowiedzialności