Hey bulls, we have seen the Core Consumer Price Index (CPI) has made a bullish signal to the gold price, the actual is 0.6% the previous was 0.2%
Nov 10, 2021 .
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The U.S. Initial Jobless Claims
The actual is 267K the forecast was 265K the previous was 271K Nov 10, 2021.
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1870 - 1865 is strong resistance, I expect to see the price retrograde from it, as you can see as highlighted in the chart, but still going up to 1900 - 1910.
I expect to see some previous bulls will take some profits, so the price will slow down, new bulls will enter the bullish rally for gold next few days
we can enter a buy position and wait for some news at 15/11 - 16/11 news.
I prefer to strengthen our position at 1835 - 1830 with a buy order, just in case the price makes high volatility.
Nov 10, 2021 .
.
The U.S. Initial Jobless Claims
The actual is 267K the forecast was 265K the previous was 271K Nov 10, 2021.
-
-
1870 - 1865 is strong resistance, I expect to see the price retrograde from it, as you can see as highlighted in the chart, but still going up to 1900 - 1910.
I expect to see some previous bulls will take some profits, so the price will slow down, new bulls will enter the bullish rally for gold next few days
we can enter a buy position and wait for some news at 15/11 - 16/11 news.
I prefer to strengthen our position at 1835 - 1830 with a buy order, just in case the price makes high volatility.
