The DOW H1 to uptrend - 11/05/2023

11 thg 5, 2023

This price is about 11.8% higher than at the beginning of 2023. The US Department of Labor reported that the consumer price index (CPI) of the US in April increased by 4.9% over the same period, down from 5% in the previous month. Demand for gold increased rapidly after many assessments suggested that inflation below 5% would allow the US Federal Reserve (Fed) to pause its aggressive monetary policy tightening. According to technical analysis, in the short term, gold is still in an uptrend. The next target is 2,100 USD/ounce. However, gold must overcome a key resistance at $2,063.4 per ounce before reaching new highs.

BUY GOLD 2032 - 2034

Stoploss : 2029
Take Profit : 2040

Note : TP, SL full to be safe and win the market !