Can Gold Meet Expectations With U.S. CPI Data?
Gold: There is heavy CPI data in the evening. According to market expectations, it is bullish for gold. Like the non-agricultural situation, gold is currently at a low level. From the perspective of the main control panel, regardless of whether the time is bullish or bearish, the probability of gold rising is the greatest. , The low profit is long and the bad is also long, the main force's usual washing method. In terms of operation, it is expected that there will be a wave of bottoming out and washing the market. In theory, wait for an opportunity to break a new low or near the low point to see the situation and place more orders. However, around 1923-1924 before the data, short-term empty orders can still be considered to leave the market quickly once they make a profit. The general idea is that gold falls first and then rises.
Below, the plan is to stop the bulls around 1910. If the data is slightly negative, it is the best. If the data is largely negative for gold and directly falls sharply, then abandon the bull plan. On the contrary, if it is bullish, it is the best. Therefore, the only consideration is that if the data is significantly negative, the plan will fail, and the possibility of this seems very low.
My expectation, it will probably go like this, please see the picture
I'm a simple guy, I'll let you win if you believe
