XAUUSD is consolidating within the 4355–4435 range, while the U.S. dollar remains largely stagnant ahead of the upcoming CPI data. Until the release, the market may remain trapped inside the current range while preparing for a potential liquidity manipulationThe U.S. Dollar Index is also consolidating as traders wait for the CPI report. Gold has stalled ahead of this key inflation data, and the initial reaction to CPI could be short-lived as geopolitical risks remain elevated.
A weaker-than-expected CPI could open the door to new highs, while hotter inflation data could trigger a corrective move. The market is waiting for a clear catalyst.
Bullish drivers: Weaker CPI, A weaker U.S. dollar, Lower expectations for further rate hikes, Geopolitical de-escalation
Bearish drivers: Hotter-than-expected CPI, Hawkish Fed rhetoric, A stronger U.S. dollar, Geopolitical escalation
Gold remains in a bullish phase, but news-driven volatility could create a liquidity sweep / long squeeze before the next directional move
Resistance levels: 4435, 4481
Support levels: 4356, 4313, 4302
Gold remains in a bullish phase. However, news-driven volatility could create a liquidity sweep / long squeeze before the next continuation move.
The key zones to watch are 4350 and 4313. A false breakdown of either level, followed by consolidation back above it, could become the technical catalyst for another bullish impulse.
Best regards,
R. Linda
Trade attivo
Yesterday’s analysis remains valid. Gold is rebounding from the resistance level of the trading range and is preparing to test the liquidity pool located below 4360. A long squeeze, a return to the range, and price consolidation above the key level could serve as a technical driver for potential growth within the local uptrend
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
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🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.