HectorBrown1

XAUUSD: How to operate after the CPI data is released today?

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OANDA:XAUUSD   Emas Semerta / Dolar A.S.
The United States CPI data will be released soon, and it is still the support level to continue to do more.
On Tuesday, the gold technical surface rose first and then fell, the Asia-Europe price stabilized 2338 mark ushered in a bull shock up the high, the afternoon further accelerated to break the previous day's high 2353 mark and continued to strengthen to 2365 near the pressure fell into shock, last night between the United States twice back to stabilize 2340-45 line again rebound, The overall price accelerated to break the high after the formation of a pattern of falling volatility, the short cycle is still stable above the 2330 mark to form a strong bullish shock, yesterday's trend also confirmed this, yesterday again broke through a new high, although the United States yesterday fell back, but did not fall below yesterday morning's starting point.
This is a typical strong market, the lows are still moving up, the highs are also moving up. So the operation is still a dip to do more operation!
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