UnknownUnicorn60055110

GOLD:Trading strategy

OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold is now in a downward trend, but we must pay close attention to the impact of today's US CPI on the trend of gold, which will determine the price of gold.

If CPI is good for gold, then I think gold will rise in the short term. If CPI is bad for gold, then gold will once again test the support point near 1884.

My suggestion is to wait for the CPI news before trading. The market will always be there, and there will always be opportunities to make money. We don't need to gamble, and it is more important to obtain stable transactions.

If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
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Data will be released in 24 minutes
Comment:
The data is not good for gold, you can choose the opportunity to short sell gold
Comment:
1915 Strong resistance
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Pay attention to 1905 support strength
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