Gold Spot / U.S. Dollar
Updated

Gold next move (US CPI in focus )(14-03-2023)

2023
Alert- today US CPI m/m, CPI y/y/ & Core CPI m/m have to be published which may create high volatility in the market. So, please be sure while opening any position


Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1900-1902 area (i.e. Support area ) and stay below 1900 area, we will place Sell order in gold with target of 1890,1882,1872,1858 & stop loss should be placed at 1914.

-POSSIBILITY-2
If price breaks 1916-1918 area(i.e. resistance area) and stay above 1918 area, we will place Buy order in gold with target of 1929,1938,1947,1956 & stop loss should be placed at1906.

Our trading Preference

Trading tips: (Accuracy 70%)
Gold Sell @1905-1910

TP11890
TP2@1870

SL@1921

Best of luck
Never risk 2% of principal to follow any position.
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