MORE & MORE MONEY - FREE WEEKLY FOLLOW UP ANALYSIS

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Feel free to check my XAU/USD history analysis and updates by clicking the small arrow in the chart. Feel free to read the updates on each analysis, it might help you to understand the spot gold price action.

Here's our recent trade on XAUUSD, so far so good. I shared this chart in my previous XAUUSD analysis. If you trade it, enjoy your profit.


I reckon it has to retest the bottom bullish pennant line. We will take the profit of our sell and buy a large lot size in that zone, or we will add more sell heavily if it can break out and close below the bullish pennant. But currently, my overall long-term sentiment remains bullish. I'll add the update later to this analysis when I have a chance. Good luck!

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ملاحظة

Core CPI -0.4%, CPI -0.8%

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تم فتح الصفقة

Potential trade
PS: This analysis fails if it can break out and close below the bullish pennant

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تم فتح الصفقة

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تم فتح الصفقة

PPI -1.3%
Core PPI -0.3%

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أغلقت الصفقة: تم الوصول للهدف

Not bad, it reached the upper pennant and closed the trade manually. will re-enter the trade later

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ملاحظة

US Jobless claim 2981K

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ملاحظة

US Core Retail Sales -17.2%
Retail Sales -16.4%