After the release of the US February CPI data, the market reacted quickly, and the gold price climbed from 2915 to 2925, and then fell into adjustment, hovering in the range of 2915-2922. Immediately afterwards, the gold price fell sharply, breaking through the low of 2907 in the US market yesterday, hitting 2906 and rebounding to around 2916 now.
The market usually shows an adjustment trend on Wednesday. The gold price experienced a sharp fluctuation after the release of the CPI data, providing guidance for the trend on Thursday and Friday, but the market fluctuated violently in the evening. From a technical point of view, the upper resistance is at 2928-2936. Once it breaks through, it will test the previous high of 2940, and the lower support is at 2906-2900.
Trading is risky, so control your position reasonably. The specific situation is subject to real-time signals. When you don't know when to enter the market, the trading center will provide you with accurate trading signals in real time for free to help you make quick profits. There is no speculation or luck in trading, only strength can lead to victory.
XAUUSD GOLD XAUUSD XAUUSD XAUUSD
The market usually shows an adjustment trend on Wednesday. The gold price experienced a sharp fluctuation after the release of the CPI data, providing guidance for the trend on Thursday and Friday, but the market fluctuated violently in the evening. From a technical point of view, the upper resistance is at 2928-2936. Once it breaks through, it will test the previous high of 2940, and the lower support is at 2906-2900.
Trading is risky, so control your position reasonably. The specific situation is subject to real-time signals. When you don't know when to enter the market, the trading center will provide you with accurate trading signals in real time for free to help you make quick profits. There is no speculation or luck in trading, only strength can lead to victory.
XAUUSD GOLD XAUUSD XAUUSD XAUUSD 
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This account has been restricted from publishing. Traders who continue to follow my signals and make profits can click 👉 to leave me a message. Telegram: t.me/BeckLedley
Channel: t.me/FcCygjylf
Channel entrance:t.me/FcCygjylf
Channel: t.me/FcCygjylf
Channel entrance:t.me/FcCygjylf
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.