CPI Setup GOLD | Safe Zone H1 Timeframe
Current point 2027.50
- This Setup is not based on Sell or buy
- According to last CPI Gold firstly moves 100+ pips in buy and then lay down
- After Structuring the data we expected 100 pips buy then gold will fall
- We set the safe zone if and if gold break the 2041 area then next move would be 2047
furthermore on...
The European economy is recovering, with the consensus of new stimulus packages, trading big volum and Stock pattern showing that this is a good time to buy vs many stocks.
CPI pattern : Triangle Symmetrical
Buy : $38-$39
TARGET : $58 (+-2)
STOP LOSS : $36
Wish you good deals!