Gold is under great pressure and US CPi is likely going to rise. Gold chart on the 4 hr time frame has formed has formed a falling wedge bullish parttern and the current gold price is in a 4hr Qm zone
With addition of an Awesome oscillator gold price has formed divergence
With addition of an Awesome oscillator gold price has formed divergence
Trade active
Note
In profits First TP is 1927.58Note
Be careful with open trades on USD pairs ahead of CPI
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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.
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.