GOLD AFTER CPI & MARKET COMMENTARY (DAY 13/7/2023 )
After last night's CPI, gold has increased sharply to reach the maximum level at 1960, the trend is still increasing and approaching the important resistance area at 1969-1972. - Back to technical analysis, look for SELL at 196X, SL when breaking through 1972. and pay attention not to add a BUY entry at this time. - On the basis of fundamental analysis, there are two important news tonight: . First application for unemployment benefits (at 19:30) . PPI manufacturing index in June (19:30)
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