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XAUUSD [ CPI IDEA ]
Gold Spot / U.S. Dollar
XAUUSD [ CPI IDEA ]
By glazinghon
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Updated
Jul 12, 2023
2
Jul 12, 2023
We're within an hour from the CPI print, these are the levels I am expecting prices to pivot when prices become very volatile.
R1 at 1941
R2 at 1945.7
R3 at 1953.1
S1 at 1931.1
S2 at 1926.54
S3 at 1923.7
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Jul 12, 2023
Note
CPI printed under expectations, with DXY breaking support causing gold to spike up.
Price starting to settle around the 1957.75 mark as drawn.
Fibonacci
Pivot Points
Trend Lines
glazinghon
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