Hey folkks
What are your predictions for the upcoming CPI report? How do you see XAUUSD moving in light of this?
I’m concerned about the CPI data being unreliable due to the upcoming election. This is the last CPI news before the election, so I’m feeling quite skeptical about it
I made a perfect prediction for the CPI. I got a great sniper entry trade from the 2602 level…
As someone who shorted gold before Friday’s NFP, I’m staying out of the market for this one. Good luck to everyone taking a position.
Beforehand nobody knows. Hence, pure gambling. My plan is the following:
CPI below 2.3% - DXY weakness - Gold bullish
CPI above 2.3% - DXY strength - Gold bearish
On forecast - stay away and let the dust settle
I can’t do that. I don’t gamble with my account, and I can’t predict the outcome of the CPI. I prefer to wait for the news to come out and then assess the situation.
I’m already long at 2606.00 with a heavy lot size, and I’ve placed it at breakeven. Please give me some advice.