XAUUSD – Gold Rebounds After CPI, But Still Needs Confirmation

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XAUUSD – Gold Rebounds After CPI, But Still Needs Confirmation

Gold is reacting positively after softer CPI data, but price is still at a key decision zone.

Currently trading around 4,026, gold bounced strongly from the lower liquidity area, showing buyers are stepping in. However, the move is now testing resistance and FVG, so confirmation is still needed.

FUNDAMENTAL ANALYSIS

Softer CPI supports gold by easing rate hike expectations. However, one report is not enough to shift the broader outlook. Traders will continue watching Fed signals, USD, and bond yields.

For now, CPI gives short-term support, but not a full trend change.

TECHNICAL ANALYSIS – SMC + MARKET STRUCTURE

Gold swept liquidity below and reacted strongly from demand, showing seller weakness.

Key support is 4,014 – 4,024. If price holds above this zone, recovery can continue toward resistance.

Resistance levels:
4,040 – 4,055
4,055 – 4,080
4,100

If price breaks below 4,014, gold may drop back to 3,985 – 3,995.

KEY PRICE ZONES

Current price: 4,026
Support: 4,014 – 4,024
Lower zone: 3,985 – 3,995

Resistance: 4,040 – 4,055
FVG: 4,055 – 4,080
Target: 4,100

Bearish below: 4,014
Invalidation: Below 3,985

TRADING SCENARIOS

Buy Scenario

Buy Zone: 4,014 – 4,024
Entry: Bullish reaction or CHoCH
SL: Below 4,014

TP1: 4,040 – 4,055
TP2: 4,080
TP3: 4,100

Breakout Buy

Above 4,055 → Target 4,080 – 4,100

Sell Scenario

Sell below 4,014 after confirmation

TP1: 3,995
TP2: 3,985

Invalidation: Reclaim 4,014 – 4,024

MY VIEW

Gold is recovering after CPI, but structure confirmation is still needed.

If 4,014 – 4,024 holds, price can move higher toward 4,055 and 4,100.
If not, the bounce may fade and price could return to lower liquidity.

Gold is recovering — but support must hold.

Do you think gold will hold above 4,014 – 4,024 or drop back lower?

Disclaimer

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