mytw0cents

XAUUSD : WEEKLY TRADE PLAN

Short
mytw0cents Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has risen in three weeks due to a weaker dollar.

CPI data for the US was released on September 14th, and the earlier CPI data was 0.5 percent.

We may see a sideways market in gold this week.

I see a pullback around 1808 and 1800 as an opportunity to go long gold before the US CPI data is out.

My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.

Like and subscribe and happy trading to all
Comment:

still bearish if below 1800
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.