XAUUSD 100% CPI signal Alert!
The latest CPI update is in, and with Trump elected as the new President of the U.S., we’re seeing a strong bullish reaction from the DXY while gold is in a steep decline.
We have two scenarios to consider:
Scenario 1: If the government pauses interest rates until the new administration is in place, we may initially see a bullish spike in gold, followed by a decline.
Scenario 2: If the government cuts interest rates by 0.5%, we could see gold drop by approximately 200 to 300 pips.
We have two scenarios to consider:
Scenario 1: If the government pauses interest rates until the new administration is in place, we may initially see a bullish spike in gold, followed by a decline.
Scenario 2: If the government cuts interest rates by 0.5%, we could see gold drop by approximately 200 to 300 pips.
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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.