📰 Impact of news:
1. CPI data is profitable
2. The US CPI rose slightly in May, and Trump's tariff effect has not yet fully emerged
📈 Market analysis:
The CPI data is bullish. The current gold price has risen to around 3360. We took profits at the 3330 level and exited the market, which once again confirmed the forward-looking nature of our trading vision. From a technical perspective, the RSI indicator in the short-term hourly chart is close to the overbought area. In the short term, pay attention to the upper resistance line of 3360-3365. If it rebounds to the 61.8% position and encounters resistance and pressure, consider shorting at high levels. On the contrary, if it effectively breaks through and stabilizes above, it is expected to touch the 3400 line. In the short term, pay attention to the lower support line of 3340-3330.
🏅 Trading strategies:
SELL 3360-3365
TP 3340-3330
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD
1. CPI data is profitable
2. The US CPI rose slightly in May, and Trump's tariff effect has not yet fully emerged
📈 Market analysis:
The CPI data is bullish. The current gold price has risen to around 3360. We took profits at the 3330 level and exited the market, which once again confirmed the forward-looking nature of our trading vision. From a technical perspective, the RSI indicator in the short-term hourly chart is close to the overbought area. In the short term, pay attention to the upper resistance line of 3360-3365. If it rebounds to the 61.8% position and encounters resistance and pressure, consider shorting at high levels. On the contrary, if it effectively breaks through and stabilizes above, it is expected to touch the 3400 line. In the short term, pay attention to the lower support line of 3340-3330.
🏅 Trading strategies:
SELL 3360-3365
TP 3340-3330
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD 
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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.