mytw0cents

XAUUSD : WEEKLY TRADE PLAN

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has risen in three weeks due to a weaker dollar.

CPI data for the US was released on September 14th, and the earlier CPI data was 0.5 percent.

We may see a sideways market in gold this week.

I see a pullback around 1808 and 1800 as an opportunity to go long gold before the US CPI data is out.

My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.

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Comment:
still bearish if below 1800