Market Overview:
Gold has regained bullish traction after the latest US CPI report showed softer inflation data, leading to a weaker USD and renewed buying across metals.
CPI figures came in below market expectations (Core CPI 0.2% vs 0.3%, CPI m/m 0.3% vs 0.4%, CPI y/y 3.0% vs 3.1%), signalling lower inflation pressure and reinforcing bets that the Fed will stay dovish heading into November.
As a result, gold bounced strongly from the 4,050–4,058 support zone, reclaiming key structure levels and stabilising above 4,100 USD/oz.
Market sentiment remains risk-sensitive, but the short-term tone favours further upside correction, as long as gold holds above the trendline and liquidity support zones highlighted on the chart.
Technical Outlook (H2):
The market structure suggests gold has completed its correction phase and is attempting to form a new bullish leg.
Price action shows a clean rejection at the 4,050 liquidity base, and the next immediate objectives are the 4,211 neckline and 4,260–4,342 supply zones.
Key Technical Levels:
Support / Buy Zone: 4,058 – 4,002
Liquidity Sweep Zone: 3,930 – 3,940
Resistance / Neckline: 4,211
Sell Zone Reaction Fibo: 4,260 – 4,342
Trading Plan – MMFLOW View
🔹 BUY Zone #1 (Continuation Play)
Entry: 4,058 – 4,050
Stop Loss: 4,035
Take Profit: 4,155 → 4,211 → 4,260
🔹 BUY Zone #2 (Liquidity Sweep Scenario)
Entry: 4,002 – 3,930
Stop Loss: 3,915
Take Profit: 4,058 → 4,155 → 4,211
Ideal setup if price retests liquidity before CPI-induced recovery continues.
🔹 SELL Zone(Reaction Trade)
Entry: 4,260 – 4,342
Stop Loss: 4,355
Take Profit: 4,211 → 4,100 → 4,058
Weekly Bias & Summary:
With CPI cooling and the USD losing momentum, gold’s structure points to a recovery phase, possibly extending into Wave III of the medium-term cycle.
However, the 4,211 neckline remains the key pivot — a breakout above this zone could trigger momentum extension toward 4,260–4,340, while a rejection may result in another range-bound pullback.
🟡 MMFLOW Bias: Bullish while above 4,050 — dips remain opportunities to buy.
Macro tone favours risk-on rotation, supporting gold’s upside into next week.
📊 Do you think gold will break 4,211 for the next bullish leg, or is another correction incoming before the real move?
👉 Follow MMFLOW TRADING for daily institutional updates and Smart Money Flow structure.
Gold has regained bullish traction after the latest US CPI report showed softer inflation data, leading to a weaker USD and renewed buying across metals.
CPI figures came in below market expectations (Core CPI 0.2% vs 0.3%, CPI m/m 0.3% vs 0.4%, CPI y/y 3.0% vs 3.1%), signalling lower inflation pressure and reinforcing bets that the Fed will stay dovish heading into November.
As a result, gold bounced strongly from the 4,050–4,058 support zone, reclaiming key structure levels and stabilising above 4,100 USD/oz.
Market sentiment remains risk-sensitive, but the short-term tone favours further upside correction, as long as gold holds above the trendline and liquidity support zones highlighted on the chart.
Technical Outlook (H2):
The market structure suggests gold has completed its correction phase and is attempting to form a new bullish leg.
Price action shows a clean rejection at the 4,050 liquidity base, and the next immediate objectives are the 4,211 neckline and 4,260–4,342 supply zones.
Key Technical Levels:
Support / Buy Zone: 4,058 – 4,002
Liquidity Sweep Zone: 3,930 – 3,940
Resistance / Neckline: 4,211
Sell Zone Reaction Fibo: 4,260 – 4,342
Trading Plan – MMFLOW View
🔹 BUY Zone #1 (Continuation Play)
Entry: 4,058 – 4,050
Stop Loss: 4,035
Take Profit: 4,155 → 4,211 → 4,260
🔹 BUY Zone #2 (Liquidity Sweep Scenario)
Entry: 4,002 – 3,930
Stop Loss: 3,915
Take Profit: 4,058 → 4,155 → 4,211
Ideal setup if price retests liquidity before CPI-induced recovery continues.
🔹 SELL Zone(Reaction Trade)
Entry: 4,260 – 4,342
Stop Loss: 4,355
Take Profit: 4,211 → 4,100 → 4,058
Weekly Bias & Summary:
With CPI cooling and the USD losing momentum, gold’s structure points to a recovery phase, possibly extending into Wave III of the medium-term cycle.
However, the 4,211 neckline remains the key pivot — a breakout above this zone could trigger momentum extension toward 4,260–4,340, while a rejection may result in another range-bound pullback.
🟡 MMFLOW Bias: Bullish while above 4,050 — dips remain opportunities to buy.
Macro tone favours risk-on rotation, supporting gold’s upside into next week.
📊 Do you think gold will break 4,211 for the next bullish leg, or is another correction incoming before the real move?
👉 Follow MMFLOW TRADING for daily institutional updates and Smart Money Flow structure.
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⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
⚜️Trade with Money Market Flow, logic, Price action
🔥Live Market Updates-Realtime Trading Plans & Signal
t.me/+sBwjxIJbdoFmNjk1
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
MMFLOW gives you precision entries & BIGWIN profits
🔥Live Market Updates-Realtime Trading Plans & Signal
t.me/+sBwjxIJbdoFmNjk1
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
MMFLOW gives you precision entries & BIGWIN profits
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.