Today, after gold touched 1722 we saw a huge rejection from that level. Now that gold broke our zone we can expect a retest after asian session. It can go up to the 1709-1710 area for further downside movement.
Note
Entering with the price action is very important in this scenario.Trade active
Trade activated but be safe and put a breakeven SL to protect yourself from the CPI data.
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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.
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.