GOLD Recovery momentum at the weekend
Weekend Strategy 
GOLD
Gold price continued its downtrend, the dollar rebounded after US inflation data.
The US Department of Labor said the consumer price index (CPI) increased 3.2% in the 12 months to July 2023, up from 3% increase in June 2023, the smallest annual increase since July 2023. March 2021.
Technically, nothing seems to change for Gold prices in the near-term, as the bearish 14-day Relative Strength Index (RSI) continues to favor the downside.
Therefore, any decline in the price of Gold will be seen as a good selling opportunity.
*Signals are expectedGOLD*
BUYGOLD 1910 -1912
SL : 1900
TP 1: 1917
TP 2: 1925
Install TP, SL to win the market
GOLD Gold price continued its downtrend, the dollar rebounded after US inflation data.
The US Department of Labor said the consumer price index (CPI) increased 3.2% in the 12 months to July 2023, up from 3% increase in June 2023, the smallest annual increase since July 2023. March 2021.
Technically, nothing seems to change for Gold prices in the near-term, as the bearish 14-day Relative Strength Index (RSI) continues to favor the downside.
Therefore, any decline in the price of Gold will be seen as a good selling opportunity.
*Signals are expected
GOLD* BUY
GOLD 1910 -1912SL : 1900
TP 1: 1917
TP 2: 1925
Install TP, SL to win the market
Trade active
Trade active
The strategy is still on the right trackNote
The entry signal is readyTrade active
BUY 1910 => 1914. +40pips 🔥🔥🔥🔥
Related publications
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.
Related publications
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.