Impact of CPI Data Key level Predictions and Market Scenario
Resistance: $2,710, with potential moves toward $2,705 if bullish momentum continues.
Support Levels: $2,683 and $2,687
XAU/USD could break above key resistance at $2,700 and aim for $2,710 or higher in intraday trading.
Impact: A softer CPI print, indicating slower inflation, could bolster expectations of Federal Reserve rate cuts. This scenario would likely weaken the US Dollar, making gold more attractive as a safe-haven asset
If CPI surpasses forecasts, it would suggest persistent inflation, reinforcing the Fed's need for tighter monetary policy. This could strengthen the US Dollar and pressure gold prices.
In conclusion, today's CPI report is pivotal for shaping gold's short-term trajectory, as it directly influences Federal Reserve policy expectations and the US Dollar's strength. Traders should prepare for potential volatility and sharp market moves depending on the inflation data.
Support Levels: $2,683 and $2,687
XAU/USD could break above key resistance at $2,700 and aim for $2,710 or higher in intraday trading.
Impact: A softer CPI print, indicating slower inflation, could bolster expectations of Federal Reserve rate cuts. This scenario would likely weaken the US Dollar, making gold more attractive as a safe-haven asset
If CPI surpasses forecasts, it would suggest persistent inflation, reinforcing the Fed's need for tighter monetary policy. This could strengthen the US Dollar and pressure gold prices.
In conclusion, today's CPI report is pivotal for shaping gold's short-term trajectory, as it directly influences Federal Reserve policy expectations and the US Dollar's strength. Traders should prepare for potential volatility and sharp market moves depending on the inflation data.
註釋
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註釋
NOW THE ZONE FOR SELLING IN PPI NEWS 註釋
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✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
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✅ Gold Scalping Signals (5-6 signals)
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
✅ Trading Ideas, Setups, and Technical Insights and some minds
Catch these signals for FREE on Telegram:t.me/trextro_fx
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。