1010 before CPI AND PPI, gold is still bullish.
Hello traders,
This Wed and Thurs will have US PPI AND CPI.
Just trade with care before that.
On this 4H chart, GOLD is pulling down for correction. But it is still on a bull trend on daily chart.
And down to B position, it is where to look for a new entry signal to long again.
Hopefully, will test FIBO 500, WEEKLY Resistance zone ON this chart.
GOOD LUCK!!!
LESS IS MORE!
This Wed and Thurs will have US PPI AND CPI.
Just trade with care before that.
On this 4H chart, GOLD is pulling down for correction. But it is still on a bull trend on daily chart.
And down to B position, it is where to look for a new entry signal to long again.
Hopefully, will test FIBO 500, WEEKLY Resistance zone ON this chart.
GOOD LUCK!!!
LESS IS MORE!
Comment:
Comment:
Just remind that PPI in the Wed New York session.
Comment:
4h chart is meeing Fibo 382 resistance zoen.
And the weekly chart would take a long time to finish or tell us if this idea is wrong or right about it.
4h chart is meeing Fibo 382 resistance zoen.
And the weekly chart would take a long time to finish or tell us if this idea is wrong or right about it.
But it is still running above EMAS.
Bullish trend still valid.