Gold is still Bullish on HTF, consolidating on daily is currently bouncing between 1982.48 price and 2005.29, 4hr TF we can identify a No trading zone between 1991.01 and 1981.94 with at 89 Pips range 1hr TF Confirm the range zone previously mention on 4hr
ENTRY: - If a 30 minutes candle close below area 1981.67 I will look for a short entry, targeting the previous Weekly Low - If a 30 minutes candle close above 1991.01 I will look for a Buy Position targeting the previous Daily High
NEWS 0830 EST - Core PCE Price Index m/m and It's the Federal Reserve's primary inflation measure.
Employment Cost Index q/q Change in the price businesses and the government pay for civilian labor;
Both this news have High Impact on GOLD, Based on Feds release we can measure the people sentiment versus GOLD I expect GOLD will not move till the news release where will show us the direction
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