DrAnandM

CPI. Will it Give any Direction? Or only add to confusion?

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Remember The previous Post.

2015 - Gold has not shown any interest in closing below 2015.

2009 has not been tested either.

Although this Consolidation has created doubts regarding Bullishness, there is a Strong Demand Zone Just Underneath to Support.

2020
2065

Between this Zone, It's Going to be Further Consolidation.

Trending move on either side break

2080 Zone On upside

1980Zone on Downside.

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