XAUUSD (GOLD) 4H Chart

2022年1月13日

Gold regained sharply on the weak US dollar. The US dollar index lost more than 50 pips after US CPI data. The yearly inflation surged by 7%, the highest level since June 1982. Markets eye US PPI data today for further direction.
Factors to watch for gold price action-

Global stock market- Bearish (Positive for gold)
US dollar index –Bearish (positive for gold)
US10-year bond yield- Bullish (Negative for gold)
It is good to buy on dips around $1810

DISCLAIMER: ((trade based on your own decision ))
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