Get started
WilliamChloe

CPI gold trading strategy

Gold Spot / U.S. Dollar (FX:XAUUSD)  
WilliamChloe Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators XAUUSD xauusdanalysis xauusdsignal xauusdidea xauusd1h xauusdtrend goldtradingstrategy goldpreis
11
1
trendanalysis indicator xauusd xauusdanalysis xauusdsignal xauusdidea xauusd1h xauusdtrend goldtradingstrategy goldpreis
snapshot
#XAUUSD Important CPI data will be released tomorrow, which will greatly affect the trend of gold. The current 1h trend of gold is still in a triangle shape. The top is temporarily around 2189-2195. Near 2154-2159 below. I think we can buy gold first in the short term during the Asian and European trading tomorrow. Target area 2189-2195. Then sell or continue to buy gold based on CPI data.
Asian and European trading buying area: 2175-2180
After the US CPI data is released:
1 (cpi data causes gold to fall. Selling gold target looks to 2159-2162) buying area 2154-2159
2 (CPI data causes gold to rise further) Buy after breaking through new highs, and keep looking towards new historical highs. it's worrying
I will update my thoughts, if you are interested in my post, don’t forget to give me a like. Also join me so you can see updates in time
Trade active:
follow me
Comment:
The cpi data basically runs according to my judgment. I made the judgment yesterday. I think I helped some people.

Related Ideas

WilliamChloe
XAUUSD Wednesday Trend Analysis
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.