WAVE FX
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🛑 Gold Analysis Today 🛑
👉 Support = 1989
👉 Resistance = 2019
👉 Trend = Mild Positive
👉 Keep eyes on Fundamental news, because any time unexpected change possible
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Prior to the release of the last CPI data, the market was in a rhythm and all investor activity was similar as the Fed would start tapering in March. But the latest CPI data has created a rift in this thinking. Now everyone is in confusion. On the other hand, the presidents of the Federal Reserve are also giving different kinds of statements. And the result of which you can see inside the market chart. Notice that the market moves so slowly during the day this week that scalping becomes difficult. And in such a situation it becomes difficult to take any kind of trading decision.
However, we will have to wait for today's PPI data to understand where gold's last destination will be
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Today but big news so everyone try to be present in the market and wait using proper take profit and stop loss
