GOLD (XAUUSD): Bearish Outlook After CPI ๐ฅ
https://www.tradingview.com/x/EHx8vNQd/
Gold reached an important horizontal daily resistance.
Approaching that the price violated a support of the rising wedge pattern
on an hourly time frame after a CPI release.
I expect a bearish movement to a support line of a rising channel now.
Its bearish breakout, will push the prices even lower.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
Gold reached an important horizontal daily resistance.
Approaching that the price violated a support of the rising wedge pattern
on an hourly time frame after a CPI release.
I expect a bearish movement to a support line of a rising channel now.
Its bearish breakout, will push the prices even lower.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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