Today is a news of usd named Core CPI at
5.30 pm pst.
Gold is in range condition and it will breakout on the news the support level is
1785 and resistance level is 1795. According to news the usd will weaks from previous 0.7% to forecast 0.5%. Lets see what will happens next. Use proper money management and use tight sl. OANDA:XAUUSD
Today is a news of usd named Core CPI at 5.30 pm pst.
Gold is in range condition and it will breakout on the news the support level is 1785 and resistance level is 1795.
According to news the usd will weaks from previous 0.7% to forecast 0.5%.
Lets see what will happens next.
Use proper money management and use tight sl.
According to H4 time frame gold is on its top resistance according to trend line on rejection gold may falls towards 1720.
This is only a prediction.
Long term gold is still sell on breakout the next buy trend confirms
