Scalping!! XAU BUY short term before CPI news

⭐️Smart investment, Strong finance

⭐️GOLDEN INFORMATION:
The US Dollar bulls are facing uncertainty regarding the rate-cut path of the Federal Reserve. This uncertainty is providing support to the Comex Gold price, which is gaining some positive momentum due to repositioning trades before the release of the US consumer inflation figures.

Following the December policy meeting, where the Fed unexpectedly adopted a dovish stance, the markets reacted swiftly. As a result, they are now factoring in five interest rate cuts by the end of 2024. These rate cuts would amount to a total easing of approximately 140 basis points (bps).

⭐️Personal comments NOVA:
Scalping following the short-term Uptrend after CPI news

⭐️SET UP GOLD PRICE:

🔥BUY GOLD zone: $2027 - $2029 SL $2024 Scalping
TP1: $2033
TP2: $2037
TP3: $2040

⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest

Comment:

Let's wait for CPI news in the US session today

Comment:

+ 80 pips , wonderfull scalping BUY 2027-2029