Trend is bearish. Can we see retrace on that ? In my opinion NO.
Core CPI was at 0.2 % and prediction is that will stay there.
Yearly and monthly CPI looks like they will go a bit better. Forecast for yearly is 3.6% from 3.2%
and monthly 0.6% from 0.3% (?)
Higher or forecasting numbers we can take as positive/bullish for the USD and Gold will felt more.
Need bigger concentration today on your trades.
Good luck everyone.
Core CPI was at 0.2 % and prediction is that will stay there.
Yearly and monthly CPI looks like they will go a bit better. Forecast for yearly is 3.6% from 3.2%
and monthly 0.6% from 0.3% (?)
Higher or forecasting numbers we can take as positive/bullish for the USD and Gold will felt more.
Need bigger concentration today on your trades.
Good luck everyone.