Preferred direction: BUY
Comment: Before the publication of today's data on the US CPI, on gold, we have been following the previous trading idea that we gave at the beginning of the week. The price has already begun to move according to our scenario, but we must not forget about potential volatility amid the publication of today's data from the US.
For this metal, we expect an approach to the historical maximum at the level of 2431.590, and most likely, in the very near future, we will easily approach this target.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: Before the publication of today's data on the US CPI, on gold, we have been following the previous trading idea that we gave at the beginning of the week. The price has already begun to move according to our scenario, but we must not forget about potential volatility amid the publication of today's data from the US.
For this metal, we expect an approach to the historical maximum at the level of 2431.590, and most likely, in the very near future, we will easily approach this target.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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