XAUUSD VS CORE CPI

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Hi, I'm Maicol, an Italian trader.

I've been studying Gold since 2019.

My trading approach focuses on swing trading and intraday setups.

I need your support.
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It may seem like a small gesture, but it makes a big difference to my work.

Make sure to read the full description to understand today's trading plan.
Don't focus only on the chart. Thank you.

🌞 GOOD MORNING EVERYONE 🌞

🔍 Gold Price Action 🔍

Bearish outlook remains in place for Gold.

Price action is still clearly bearish.
At the moment, I'm not considering any long positions until the CPI release at 14:30.

Since CPI is a key inflation indicator, today's data will give us a clearer picture of inflation trends and help determine the next market direction.

It's also worth remembering that both the ADP and NFP reports came in stronger than expected, which has already provided support for the U.S. dollar.

Short levels remain the same.
The current level is 4260, as yesterday's setup has already delivered nearly 2,000 pips.

For now, the plan is simple: wait until around 14:00, then focus on the market reaction to the CPI data.

Stay calm.
No FOMO.
Don't let your trigger finger itch.

Save it for something else. 😏

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📬 If you have any questions, feel free to message me. I'll be happy to help.

🔍 Reminder 🔍

I avoid trading during the Asian and London sessions.

My main focus is on the high-impact news releases at 8:30 AM ET and the New York session open at 9:30 AM ET.

In the meantime, I wish everyone a great day.

* HAPPY TRADING
* MANAGE YOUR RISK
* BE PATIENT

כתב ויתור

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