COI RESULT = More than 6.2% will be bearish

GOLD

the price of Gold will wait for the Inflation result Today

general, technically:

now after reaching 1850 and did a retest to 1864 and then dropped again so still under the selling pressure

if the result of CPI released more than 6.2% then will drop to touch 1839 and 1832 and 1824

it is possible to touch 1870 for a retest and then will drop
however, stabling the price above 1870 by closing 4h candle will support the price to touch 1787 and 1884

and stabilizing the price under 1860 by closing 4h candle under it, which will be bearish and will touch 1839 and 1832,

Pivot Price: 1860 & 1870
resistance price: 1878 & 1884 & 1897
support price: 1850 & 1832 & 1824

Dagangan ditutup: sasaran tercapai:

second target reached as we said the price will drop from 1670 to get 1832