GOLD: Wait for the CPI Data!

XAUUSD Gold Traders

$Gold - main 2506(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold is on the verge of something big! Watch out for the US CPI to blow up in a big surprise!

If the U.S. CPI data is hotter than expected, it could push gold prices down towards the 50-day moving average at $3,145. Next good support levels are expected at $3,100 and the 10 April low of $3,072.

If the US CPI data surprises to the downside, gold prices could regain the 21-day moving average (currently at $3,311). Once this level is breached, bulls aim to test the downtrend line resistance at $3430. A sustained break above this resistance would open the door to record highs of $3,500 for gold prices.

Expect today's trading range to be at 3293-3210. Trade to keep sell orders trading! [Happy][Happy][Happy]

Image

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Watch out for the US CPI to blow up in a big surprise!                                                                                         </p><p>If the U.S. CPI data is hotter than expected, it could push gold prices down towards the 50-day moving average at $3,145. Next good support levels are expected at $3,100 and the 10 April low of $3,072.                                                                                                                                     </p><p>If the US CPI data surprises to the downside, gold prices could regain the 21-day moving average (currently at $3,311). Once this level is breached, bulls aim to test the downtrend line resistance at $3430. A sustained break above this resistance would open the door to record highs of $3,500 for gold prices.                                                                              </p><p>Expect today's trading range to be at 3293-3210. Trade to keep sell orders trading!  <span class=\"teditor-emoji\">[Happy]</span><span class=\"teditor-emoji\">[Happy]</span><span class=\"teditor-emoji\">[Happy]</span></p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e5d6043e4990a7b3b3b9cbf775c22101\" tg-width=\"722\" tg-height=\"488\"><span>Image</span></p><p></p><p>For whom haven't open CBA can know more from below:</p><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://tigr.link/9ApRRc\" title=\"Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.\" target=\"_blank\">Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.</a></p></li><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2506\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2506(GCmain)$</a>  <a data-mention-id=\"XAUUSD.FOREX\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a> Gold is on the verge of something big! Watch out for the US CPI to blow up in a big surprise!                                                                                         </p><p>If the U.S. CPI data is hotter than expected, it could push gold prices down towards the 50-day moving average at $3,145. Next good support levels are expected at $3,100 and the 10 April low of $3,072.                                                                                                                                     </p><p>If the US CPI data surprises to the downside, gold prices could regain the 21-day moving average (currently at $3,311). Once this level is breached, bulls aim to test the downtrend line resistance at $3430. A sustained break above this resistance would open the door to record highs of $3,500 for gold prices.                                                                              </p><p>Expect today's trading range to be at 3293-3210. Trade to keep sell orders trading!  <span class=\"teditor-emoji\">[Happy]</span><span class=\"teditor-emoji\">[Happy]</span><span class=\"teditor-emoji\">[Happy]</span></p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e5d6043e4990a7b3b3b9cbf775c22101\" tg-width=\"722\" tg-height=\"488\"><span>Image</span></p><p></p><p>For whom haven't open CBA can know more from below:</p><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://tigr.link/9ApRRc\" title=\"Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.\" target=\"_blank\">Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.</a></p></li><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p></body></html>","text":"$Gold - main 2506(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold is on the verge of something big! Watch out for the US CPI to blow up in a big surprise! If the U.S. CPI data is hotter than expected, it could push gold prices down towards the 50-day moving average at $3,145. Next good support levels are expected at $3,100 and the 10 April low of $3,072. If the US CPI data surprises to the downside, gold prices could regain the 21-day moving average (currently at $3,311). Once this level is breached, bulls aim to test the downtrend line resistance at $3430. A sustained break above this resistance would open the door to record highs of $3,500 for gold prices. Expect today's trading range to be at 3293-3210. Trade to keep sell orders trading! [Happy][Happy][Happy] Image For whom haven't open CBA can know more from below: 🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly! Find out more here： Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading. 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 💰CBA Mini Course 1: What is Cash Boost Account(CBA)?","highlighted":1,"essential":1,"paper":2,"likeSize":203,"commentSize":0,"repostSize":4,"favoriteSize":0,"link":"https://ttm.financial/post/434735999705224","repostId":0,"isVote":1,"tweetType":1,"viewCount":2802,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["XAUUSD.FOREX","GCmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":987,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/434735999705224"}