This week during powell testify price did a retracement in the Fibo golden zone which was a distribution zone previously after which it contonue it upward momentum and on soft CPI print broke pass $2400 into $2425 and then it start to reject.
Gold is now back in the 100$ range 2400 to 2300,we put our sell above 2400 and let it run till it reach 2330 and open daily scalp trade and intraday trades.
Join my Channel for Trade setup part 2 also join group and ask me questions.
Gold is now back in the 100$ range 2400 to 2300,we put our sell above 2400 and let it run till it reach 2330 and open daily scalp trade and intraday trades.
Join my Channel for Trade setup part 2 also join group and ask me questions.
Trade active
USD Core PPI m/m
0.4% 0.2% 0.3%
USD
PPI m/m
0.2% 0.1% 0.0%
Data is Hotter than expected let it run
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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.