XAUUSD BUY ZONE 1945/1944
TAKE PROFIT 1950
TAKE PROFIT 1955
TAKE PROFIT 1960
STOP LOSS 1936
XAU/USD gains as market eyes upcoming US inflation data and geopolitical developments
A scarce economic docket in the United States (US), witnessed the majority of traders looking for the release of the Consumer Price Index (CPI) in the US. Before that, a poll from the New York Fed showed that inflation expectations for one year are cooling, while prices in October are expected to drop from 3.7% to 3.3% YoY, revealed forecasts. Core CPI is estimated to lie at 4.1%, unchanged to previously recorded data
Gold prices (XAU/USD) see a modest increase of 0.30%, trading at $1944.95, influenced by the weakening US Dollar and declining US Treasury bond yields.
The market's focus is on the upcoming US Consumer Price Index (CPI) release, with expectations of a slight cooling in inflation rates
Gold traders are also paying attention to upcoming speeches from Federal Reserve officials
TAKE PROFIT 1950
TAKE PROFIT 1955
TAKE PROFIT 1960
STOP LOSS 1936
XAU/USD gains as market eyes upcoming US inflation data and geopolitical developments
A scarce economic docket in the United States (US), witnessed the majority of traders looking for the release of the Consumer Price Index (CPI) in the US. Before that, a poll from the New York Fed showed that inflation expectations for one year are cooling, while prices in October are expected to drop from 3.7% to 3.3% YoY, revealed forecasts. Core CPI is estimated to lie at 4.1%, unchanged to previously recorded data
Gold prices (XAU/USD) see a modest increase of 0.30%, trading at $1944.95, influenced by the weakening US Dollar and declining US Treasury bond yields.
The market's focus is on the upcoming US Consumer Price Index (CPI) release, with expectations of a slight cooling in inflation rates
Gold traders are also paying attention to upcoming speeches from Federal Reserve officials
Trade active
Focus on the buy trend 📈Trade active
Hit on 1947 running profit 30 pipsTrade active
Hitting on 1959 150+ pips hit ✅Trade closed: target reached
All target point doneBig victory of the day 1959 hit almost all target done ✅
150+ pips hit ✅✅🎯
Trade active
Big victory of the day 1959 hit almost all target done ✅150+ pips hit ✅✅🎯
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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.