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glazinghon

XAUUSD [ CPI IDEA ]

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
glazinghon Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Pivot Points Fibonacci Trend Lines
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pivotpoints fibonacci trendline
We're within an hour from the CPI print, these are the levels I am expecting prices to pivot when prices become very volatile.

R1 at 1941
R2 at 1945.7
R3 at 1953.1

S1 at 1931.1
S2 at 1926.54
S3 at 1923.7

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Comment:
CPI printed under expectations, with DXY breaking support causing gold to spike up.

Price starting to settle around the 1957.75 mark as drawn.
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