#XAUUSD price movement is showing a non reverse movement between 1927-1930 which is double decline, now let's use the second trend which have become strong to find the next movement on gold today because the consumer price index is expected to be negative, the price formation will make a move below 1922 and 1927 which is a retest target, gold price have been holding between 1934-1937 which is showing weak trend over past one day. We are expecting to see a drop or 1940 limit if the CPI is positive.
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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.