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GOLD (XAUUSD): Important Decision Ahead OF CPI
CFDs on Gold (US$ / OZ)
Long
GOLD (XAUUSD): Important Decision Ahead OF CPI
By linofx1
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Sep 11
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Sep 11
The latest economic data released today could benefit buyers in the 📈Gold market.
The current price is approaching a resistance level near the all-time high.
Our plan is to wait for a bullish breakout, which will be confirmed by a 4-hour candle closing above the resistance.
If this happens, we can anticipate a rise in the price to 2550.
Candlestick Analysis
Chart Patterns
Support and Resistance
linofx1
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