8.14 USD Trend Analysis
CPI is lower than expected, gold falls off a cliff, can the US dollar survive the desperate situation?
Today, the US seasonally adjusted CPI annual rate for the end of July was lower than expected. With gold and silver slightly bullish, gold price fell from a high of 2474 to 2050, a drop of 24 US dollars.
Everyone knows that if gold price falls, the US dollar will rise. Gold price currently lacks momentum. The war in the Middle East is still unclear. It may continue to fall. Will there be new entry opportunities for the US dollar?
What do you think of this view? Welcome to comment below
Today, the US seasonally adjusted CPI annual rate for the end of July was lower than expected. With gold and silver slightly bullish, gold price fell from a high of 2474 to 2050, a drop of 24 US dollars.
Everyone knows that if gold price falls, the US dollar will rise. Gold price currently lacks momentum. The war in the Middle East is still unclear. It may continue to fall. Will there be new entry opportunities for the US dollar?
What do you think of this view? Welcome to comment below
Nota
Traders, if you like this idea or you have your own opinion on it, please write it in the comments. I will be happy to do so. Please support me by liking and commenting to motivate me to share more analysis with you and share with me your opinion on the possible trend of this chart. As always, we will update you regularly during the week and tell you how we manage active ideas and setups.Nota
Welcome everyone to express their views
Senior gold analyst who has been engaged in gold, US dollar, and oil trading for 12 years. Join me and I will lead my team to help you become a professional trader and expand your assets.
t.me/divedgold123
t.me/divedgold123
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.