Gold Spot / U.S. Dollar
Short
Updated

Xauusd CPI gold fall further

2 154
Gold price finds temporary support near the fresh monthly low of $1,916. The precious metal looks vulnerable and is expected to continue its downside move. After remaining consistently below the 20 and 50-day Exponential Moving Averages (EMAs), the yellow metal is declining toward the 200-day EMA around $1,917.00. Momentum oscillators are near the support region and a further downside would trigger a bearish impulse.

Gold sell zone 1922
Target 1916
Target 1910

Gold buy limit 1910
Target 1915
Target 1930
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Gold buy 60 pips running
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Gold buy 70 pips running
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Gold
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Gold buy 80 pips running
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Gold buy 90 pips running
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Gold
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