CPI data released, golden day analysis and operation layout

🗞News side:

1. CPI data is in line with expectations, short-term positive

📈Technical aspects:

As we wrote in the last post, from the 4H point of view, the oversold is serious, and there is a need for rebound correction in the short term. At present, the fluctuation of gold prices is mainly affected by news. Technical analysis and indicators can only be used as a side analysis guide and reference. Gold bottomed out in the morning and rebounded, and the European market continued to rise above 3250. This means that today is not a very weak bear. At the same time, the daily line touches the 30-day moving average support. There is a high probability of turning positive today. The overall idea is to treat the market as a shock.

Intraday gold operation suggestions:

🎁BUY 3240-3250
🎁TP 3260-3270

Looking further towards the 3277 line

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.

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