P1 marks a long position I opened for myself. It was stopped out at 10 points, just as the European session ended at 5.
P2 shows gold’s 4-hour chart. With the CPI announcement coming up, if the figure is higher than expected, you can go short with a small position; if it comes in as expected, stay out.
P3 shows gold’s daily chart. The outlook isn’t very positive, so for now, try to trade gold only intraday via CFDs.
For investment opinions only. DYOR.