PPI Price Movement
https://www.tradingview.com/x/nvjDCPQp/
Yesterday's plan day worked well as expected. As traders await both the Purchaser Price Index data as well as the speech by Fed Chair Powell later in the day, Gold continues to surge downwards with all moving averages of 34, 89 and 200 curving downwards. However, there could be a pullback towards 2684 before the huge waterfall.
Resistance Zone 2684
Support Zones 2636, 2626
XAUUSD Plan Day (14/11/2024)
SET UP GOLD PRICE:
Sell GOLD zone: $2684 - 2686 SL $2689
TP1: $2670
TP2: $2660
TP3: $2650
Buy GOLD zone: $2636 - $2638 SL $2631
TP1: $2641
TP2: $2646
TP3: $2650
Buy GOLD zone: $2626 - $2628 SL $2621
TP1: $2631
TP2: $2636
TP3: $2640
Yesterday's plan day worked well as expected. As traders await both the Purchaser Price Index data as well as the speech by Fed Chair Powell later in the day, Gold continues to surge downwards with all moving averages of 34, 89 and 200 curving downwards. However, there could be a pullback towards 2684 before the huge waterfall.
Resistance Zone 2684
Support Zones 2636, 2626
XAUUSD Plan Day (14/11/2024)
SET UP GOLD PRICE:
Sell GOLD zone: $2684 - 2686 SL $2689
TP1: $2670
TP2: $2660
TP3: $2650
Buy GOLD zone: $2636 - $2638 SL $2631
TP1: $2641
TP2: $2646
TP3: $2650
Buy GOLD zone: $2626 - $2628 SL $2621
TP1: $2631
TP2: $2636
TP3: $2640
Note
Correction: Active Plan day BUY $2536 running (+100 pips).
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