Oro / DollaroLong
Gold- Buy on dips
Gold showed a minor sell-off after mixed US CPI data. It hit a low of $2502.29 at the time of writing and is currently trading around $2512.
The yellow metal is trading above 34 and below 55 H EMA in the 4 hour chart ($2507 and $2505). Intraday weakness can be seen only if it breaks below $2485. A break below targets $2470/$2450 is possible.
US dollar index- It gained more than 40 pips after the data. Any close above 102 confirms minor bullishness.
The yellow metal faces minor resistance around $2515, breach above will take it to the next level of $2525/$2530.
It is good to buy on dips around $2494-95 with SL around $2485 for a TP of $2527
The yellow metal is trading above 34 and below 55 H EMA in the 4 hour chart ($2507 and $2505). Intraday weakness can be seen only if it breaks below $2485. A break below targets $2470/$2450 is possible.
US dollar index- It gained more than 40 pips after the data. Any close above 102 confirms minor bullishness.
The yellow metal faces minor resistance around $2515, breach above will take it to the next level of $2525/$2530.
It is good to buy on dips around $2494-95 with SL around $2485 for a TP of $2527
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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.