high impact data today, expect volatility

U.S. CPI: +0.1% MONTH-OVER-MONTH (EST. +0.2%)
U.S. CORE CPI: +0.4% MONTH-OVER-MONTH (EST. +0.4%)

Federal Reserve keeps rates unchanged at 5.00-5.25%.
Dot plot shows a higher peak policy rate at 5.35% in September.
US Dollar rises across the board, Gold tumbles as US yields soar.

Red Alert 🚨

High Impact news on USD tonight which is Core Retail . Market will be very volatile during news and it’s very risky to trade during news.

If you guys want to trade during make sure you use your willing to loss accounts not main account okay. You can check news here forexfactory.com

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#CPI

CPI: 3.0% [Est. 3.1]

Consumer Price Index

In June, the Consumer Price Index for All Urban Consumers increased 0.2 percent, seasonally adjusted, and rose 3.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.2 percent in June (SA); up 4.8 percent over the year (NSA).

XAUUSD Sell - 1924.20

TP1 - 1920-1915
SL - 1930

📉 Gold is expected to bearish if it breaks the 1924 level, potentially reaching around 1919.

Tp1 hit ✅

XAUUSD sell 1928

TP- 1925-1920-1917
SL - 1932.65

TP1 hit ✅

All target hit 🎯

⚠️ High Impact Data today

Upcoming FOMC meeting tonight

FED rates in 20 Minutes

remain unchanged

Currently Gold has the potential to rise further if it surpasses the $1931-33 range after the us data release On the other hand, it must breach the levels of $1918-20 for further test of $1912-1907