Trading Room

Weekly Forex Analysis Apr 10 – 14 – Gold Breaking up The $2000 Level. Is It?

April 10, 2023 | 5:51 pm | The 5%ers' Blog > Trading Room
April 10, 2023 | 5:51 pm
The 5%ers' Blog > Trading Room

CPI on Wednesday is expected to come lower

The trading rooms are the opportunity to trade together with our traders!

The rooms are available for all traders four times a week.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.

In today’s trading room, we analysed the Gold and the major forex pairs and Indices.

As uncertainty remains in the stock market, we see money going into Gold, which recently broke the 2000 level.

Technically, the break out of the level looks solid, but very soon, meeting an old supply.

Overall, we see a very rangy market with sideways movements.

CPI on Wednesday is expected to come lower, which indicates less inflation and less demand for USD


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