Trading Room

Weekly Forex Analysis Jan 16 – 20, 2023 – Gold Looking Very Bullish

January 16, 2023 | 5:00 pm | The 5%ers' Blog > Trading Room
January 16, 2023 | 5:00 pm
The 5%ers' Blog > Trading Room
Weekly Forex Analysis Jan 16 – Jan 20, 2023 - Gold Looking Very Bullish

CPI for CAD and GBP this week

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

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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 analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower ones to look for intraday opportunities.

We expect CPI for CAD and GBP to move the markets this week.

The clearest movement is on Gold, where the bias is clearly bullish. We marked the demand areas to take advantage of when the price retraces to them.

 

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