Hi,
I found a cup and handle formation on 1H Chart. The breakout shows that the Gold is losing it momentum.
I am still bullish on USD due to a good job report and Biden Stimulus. As we are expecting the CPI report, the bull might start the move earlier.
Happy Trading!
I found a cup and handle formation on 1H Chart. The breakout shows that the Gold is losing it momentum.
I am still bullish on USD due to a good job report and Biden Stimulus. As we are expecting the CPI report, the bull might start the move earlier.
Happy Trading!
Order cancelled
The CPI report cancelled the movement.
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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.