GOLD-Waiting for PCE data to be released
Updated
Today, the key market trend on Thursday is in the U.S. market. The U.S. inflation PCE data will be released in the U.S. market, which is expected to have a greater impact on the temporary shock state of gold.
From a structural point of view, 1H presents a standard flag-shaped finishing structure. The focus of observation today is whether this flag pattern breaks through. If it breaks below, it will declare the end of the rebound and fall to 2015. If it breaks above, it will look at 2055.
So what we need today is to wait patiently and trade according to the trend after the data is released.
Note
PCE data will be announced soonTrade active
As long as you follow the trend and trade, you will already be profitableTrade active
The resistance point is near 2048. If you have already made a profit, you can reduce your position near here.
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