#XAUUSD
Morning everyone 🌞🌞 last night CPI was kind of neutral. Almost results were same as forecast, that’s why even when the news came out, Gold couldn’t break 1895 support and 1914 resistance either. This kinda news is very hard to trade, so DO NOT place orders consecutively, once your positions hit SL, stay away from market and wait for a better chance.
For Gold today: there are 2 scenarios
+ 1st (green arrow): break out the upper trend line of the triangle, retest 1907 a little bit, then go up. Buy around 1901 SL1898 TP 1906, 1913, 1919
+ 2nd (red arrow): break down the lower trend line, go down to the box of 1889-1894, then fly up. Buy around 1890 SL 1887 TP 1900, 1907
Today we also have a lot of red news of USD, so please be careful.
Good luck guys ! Have a great trading day ahead. 🌹🌹❤️❤️
Jolie Do:
Forex Trading Specialist/ Relationship Manager at ForexCEC - DNBC Global Markets.
ForexCEC - DNBCグローバルマーケットの外国為替取引スペシャリスト/顧客関係マネージャー
Message me to discuss more. ❤️
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