GOLD REACTION TO 1960 AFTER RATES AND CPI
Currently, gold finds itself in a stagnant situation after three eventful weeks, during which all central banks held meetings. Gold may start the week cautiously, beginning at 1921 and potentially reaching the supply zone just above at 1930. Subsequently, it could decline towards the 1900 zone, where we have a value gap to fill and a high possibility of a reversal with an H4 order block. Target range is from 1900 to 1960. Let us know your perspective. Greetings from Nicola, CEO of Forex48 Trading Academy."
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