Weekend Strategy
GOLD
Gold price continued its downtrend, the dollar rebounded after US inflation data.
The US Department of Labor said the consumer price index (CPI) increased 3.2% in the 12 months to July 2023, up from 3% increase in June 2023, the smallest annual increase since July 2023. March 2021.
Technically, nothing seems to change for Gold prices in the near-term, as the bearish 14-day Relative Strength Index (RSI) continues to favor the downside.
Therefore, any decline in the price of Gold will be seen as a good selling opportunity.
*Signals are expected
GOLD
*
BUY
GOLD
1910 -1912
SL : 1900
TP 1: 1917
TP 2: 1925
Install TP, SL to win the market
GOLD
Gold price continued its downtrend, the dollar rebounded after US inflation data.
The US Department of Labor said the consumer price index (CPI) increased 3.2% in the 12 months to July 2023, up from 3% increase in June 2023, the smallest annual increase since July 2023. March 2021.
Technically, nothing seems to change for Gold prices in the near-term, as the bearish 14-day Relative Strength Index (RSI) continues to favor the downside.
Therefore, any decline in the price of Gold will be seen as a good selling opportunity.
*Signals are expected
GOLD
* BUY
GOLD
1910 -1912 SL : 1900
TP 1: 1917
TP 2: 1925
Install TP, SL to win the market
Trade active
Trade active:
The strategy is still on the right track
Comment:
The entry signal is ready
Trade active:
BUY 1910 => 1914. +40pips 🔥🔥🔥🔥
