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Cpilong

CPI Setup GOLD | Safe Zone CPI Setup GOLD | Safe Zone H1 Timeframe Current point 2027.50 - This Setup is not based on Sell or buy - According to last CPI Gold firstly moves 100+ pips in buy and then lay down - After Structuring the data we expected 100 pips buy then gold will fall - We set the safe zone if and if gold break the 2041 area then next move would be 2047 furthermore on the major support level if gold retest to break the 2012-2011-2010 next target would be 2000.00 - At a same time CPI , CORE INFLATION RATE , YOY AND MOM all are highly impact news - use proper lot size and risk management to secure profit because patience is a major key This Analysis is uploaded at 13/02/2024 Cheers ..
OANDA:XAUUSDLong
by professionaltradersfx
1
Inflation Report: 11 Jan 2023Finally there is a sense of relief. The US inflation is just on a some-what downward spiral. It's almost as if we peaked at a whopping 9.1% and now dropping to around 6%. And let's not forget all our friends abroad, like Germany where it's dropped from 10. 4 in October down to 8.6%, UK dropping from 11.1% slightly down to 10.7%, Canada's 8.1 dropped to 6.8%, France's steady 6.2%, and China's decent1.6%. And let's not forget our lekker country, South Africa where inflation has also dropped from 7.8% down to 7.4%. It's just too bad all these numbers are due to supply chain issues, war, and food shortages. But it looks like we have potentially seen the end of The Great Inflation - and now things should start to settle. Your thoughts? Trade well, live free Timon (Trader since 2003)
ECONOMICS:USCCPIEducation
by Timonrosso