XAU/USD | CPI incoming (READ THE CAPTION)

738
As you can see in the 4H chart of Gold, it is consolidating between the Bearish OB and the 4H FVG, mostly because it is waiting for CPI to make a move.
There's a support level at 4317 to monitor, and there's a Buyside liquidity below 4306 and another one below 4300.
Monitor these zones and make sure NOT to set an order for CPI news, cause it will without a doubt hurt you.

Hope you have a good day folks.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.