AU quick shawty to long for CPI
Updated
AU was bullish all last week showing signs of bullish pressure. This week we have GDP for USD, we also have AU CPI and NU news. In this analysis I see a nice gap, and bearish pressure from AU with the confluence of DXY strengthening,
Note
Some more confluence is this 4hr chart showing AU bulls trying to break .66 level and failing staying consistently below the 200 ema. We also have a nice clear down trendlineNote
After we see a lot of bearish pressure fade, we will see a nice pump from AU cpi from this gap level
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