XAUUSD 100% CPI signal Alert!
The latest CPI update is in, and with Trump elected as the new President of the U.S., we’re seeing a strong bullish reaction from the DXY while gold is in a steep decline.
We have two scenarios to consider:
Scenario 1: If the government pauses interest rates until the new administration is in place, we may initially see a bullish spike in gold, followed by a decline.
Scenario 2: If the government cuts interest rates by 0.5%, we could see gold drop by approximately 200 to 300 pips.
We have two scenarios to consider:
Scenario 1: If the government pauses interest rates until the new administration is in place, we may initially see a bullish spike in gold, followed by a decline.
Scenario 2: If the government cuts interest rates by 0.5%, we could see gold drop by approximately 200 to 300 pips.
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