Gold Spot / U.S. Dollar
Short
Updated

XAUUSD pair trend after US CPI news

142
Gold News:

🔆Surge in US inflation dampens chances of Fed rate cut

🔆Solid US CPI could support dollar, ease tensions from Washington

🔆Federal Reserve Chairman Jerome Powell says policy needs to remain accommodative amid rising inflationary pressures and US President Donald Trump's tariff threats, signaling a more dovish Fed in the future

Analysis:

🔆Based on rising trend lines combined with support-resistance zones and Fibonacci

Plan:

🔆Price Zone Setup:

👉Buy Gold 2905 -2907 (European session)
❌SL: 2900 | ✅TP: 2912 - 2918 – 2925

👉Sell Gold 2943 -2945
❌SL: 2950 | ✅TP: 2938 - 2932 – 2925

👉Buy Gold 2883 -2885
❌SL: 2877 | ✅TP: 2890 - 2895 – 2900

Thank you for reading FM news.




Trade closed: target reached
If you kept the order open during the Asian session this morning, you would have made a profit of +80 pips.
Note
as if knowing the future, complete the plan

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