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Entered a short position on GOLD (XAUUSD) at 2381.46.
Stop loss set at 2402.00.
Anticipating some profit-taking selling on the gold buy entered for risk aversion amid the reduction in Middle East risk.
Trading Summary for May 13 – May 17: Total Profit +5,907 USD The much-anticipated US CPI was calmer than expected, leading to a significant USD
EUR/USD (Euro/US Dollar) Sell EUR/USD has retreated from its highest level since March 21, testing 1.0855. The market is awaiting the release of Eurozone inflation
Market Commentary: This week saw a flurry of US economic data releases, including PPI, CPI, retail sales, and yesterday’s initial jobless claims, import prices, and