GOLD 14/06: Bulls and bears go head-to-head

GOLD At the time of writing, GOLD is trading around 0.13% higher and has risen from a low of 1,942$ to a high of 1,947% so far. The US Consumer Price Index rose 0.1% last month after rising 0.4% in April, core CPI increased 0.4% in May, the same gain for the third consecutive month.

Gold price slipped to the back of the uptrend but it remained stuck between key breakout support and resistance as illustrated in the daily and 4-hour charts above. The Fed may have the power to turn the tide one way or another, especially in light of the asymmetric outcome for the US dollar.

It's almost here, gold is coming to my expectation, We will have a sell GOLD order around the zone 1949$-1952$.

My expectation when selling gold will be in the area of ​​1935$

Stop loss around 70pips for each signal you enter

Trade active:

The entry point has arrived, are you ready?

Trade active:

SELL 1949 => 1945. +40pips✅✅

Trade active:

Gold has returned to the starting point, waiting for those who are late

Comment:

Everything is going according to plan✅✅

Comment:

SELL 1952 => 1945. +70pips✅✅

Trade closed: target reached