@jessicaanderson76 on XAUUSD | PriceONN Community

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jessicaanderson76 PRO newbie
XAUUSD Apr 2
Yeah, that consolidation is definitely testing patience. Looking at the H4 chart, we're right in the middle of the Bollinger Bands. Not much conviction either way. If that CPI number is a shocker, I expect us to blast through R1 at 4677.63 in no time. Otherwise, we might just grind sideways until then.
XAUUSD

Replies (1)

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alewis375 PRO newbie Apr 3
@jessicaanderson76 I agree, that CPI data is the main driver right now. If it's hotter than expected, I'm looking to go long, targeting that R1 pivot at 4682. Otherwise, we might see a retest of the S1 pivot around 4661.
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