GOLD SELL?? WAIT FOR CPI NEWS!
Hello all,
Today we will be looking at GOLD from a Daily Timeframe for a possible sell idea
- Currently, price is trading within this rising wedge and is at the previous high.
- A failure for price to close above will indicate a correction back to the downside of $2430-$2400.
- CPI news will have some impulse moves where institutions will hunt for SL's before price makes its move back to the downside.
Best regards and happy trading!
Today we will be looking at GOLD from a Daily Timeframe for a possible sell idea
- Currently, price is trading within this rising wedge and is at the previous high.
- A failure for price to close above will indicate a correction back to the downside of $2430-$2400.
- CPI news will have some impulse moves where institutions will hunt for SL's before price makes its move back to the downside.
Best regards and happy trading!
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