GOLD RALLY
FUNDAMENTALLY- CORE PPI,PPI,INITIAL JOBLESS CLAIMS HAVE WEAKENED THE USD AND ARE LEADING ECONOMIC INDICATORS WHERE RELEASED ON 13/04/23 ARE YET TO REACT. RETAIL SALES INDEX,IMPORT PRICE INDEX,EXPORT PRICE INDEX AND CORE RETAIL SALES WHICH ARE ALL LEADING ECONOMIC INDICATORS WHERE RELEASED ON 14/04/23 AND ALSO WEAKENED THE USD.THESE LEADING ECONOMIC INDICATORS WILL CAUSE A RALLY ON GOLD PRICES
TECHNICALLY - Price is Currently at a Bullish Order Block with a possible Double Bottom or inverted head and shoulders on M15 then rally,the FVG between 2028 and 2033 may form a 4H right shoulder or may rally to 2050 and react to the Bearish Order block
TECHNICALLY - Price is Currently at a Bullish Order Block with a possible Double Bottom or inverted head and shoulders on M15 then rally,the FVG between 2028 and 2033 may form a 4H right shoulder or may rally to 2050 and react to the Bearish Order block
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