UnknownUnicorn60055110

GOLD:Trading strategy

FX:XAUUSD   Gold Spot / U.S. Dollar

Gold pays attention to important data today:
U.S. July quarter-adjusted core CPI annual rate, quarter-adjusted CPI annual rate

Personally, it is expected that if the announced value is unexpectedly less than or equal to 3.0%, it means that U.S. inflation has indeed slowed, interest rate hike expectations have cooled, and the dollar is bearish.

If the announced value is 3.1~3.3%, the probability of shock is greater, and there is a chance for both long and short.

If the announced value is greater than 3.3%, it will gain more U.S. dollars and short all risky assets and non-U.S. currencies.

Once the bearish gold price situation occurs tonight, gold is likely to fall first and then rise, then the area below 1900-1910 will stop falling and rebound.On the 1-hour chart or the 4-hour chart, we will see a long lower shadow line.At this time, you can buy gold lightly. If the rebound is weak after falling below 1900, you can stop the loss.

Gold trading advice today:
Gold:buy1900-1910 TP:1918-1923

Cautious traders can wait for the news and then trade, which can better ensure the security of your account

If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.

Comment:
Waiting for today's trend
Comment:
Gold pays attention to whether it breaks through the resistance of 1932-1935
Comment:
The announced data is 3.2%, which is currently fluctuating
Comment:
The opportunity will pass soon
Comment:
If there is volatility, there is a chance to make money
Comment:
1910 Did you catch it?
Comment:
The opportunity is fast
Comment:
I will continue to share next week
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