In my observation, for the CPI NEWS today (11/01/2024), there will be a two-way movement. The first direction is upward initially, as significant players aim to absorb a large portion of liquidity from existing retailers in the market. Shortly after the price reaches for liquidity and executes orders in the supply area above, a continuation of the trend downwards...
on August 10, 2022 XAUUSD has already made a big rejection in that week and continued to decline to 1615+ which has become a strong support to the point of being able to push the price back until on December 5, 2022 the price has reached the previous highest price level on 10 that August 2022 which took less than 3 months and made a rejection again but failed to...
