Gold is attempting a recovery after yesterday’s CPI-driven selloff, but the broader H1 structure remains bearish.
The market is now shifting focus to tonight’s high-impact U.S. data:
📊 PPI m/m Forecast: 0.7% (Previous 1.4%)
📊 Core PPI Forecast: 0.5%
📊 Initial Jobless Claims Forecast: ~220K (Previous 225K)
A softer PPI or weaker labor data would reinforce expectations for future Fed easing, potentially weakening the USD and supporting Gold. On the other hand, stronger-than-expected inflation or labor figures could revive USD strength and pressure bullion once again.
From a technical perspective, Gold is rebounding from the 1.0 Fibonacci extension near 4,024 after an aggressive markdown phase. Buyers have managed to defend the daily low zone, creating a short-term relief bounce.
Key H1 Levels
🔹 Resistance: 4,153.929
🔹 Major Supply Zone: 4,202.291
🔹 Current Pivot: 4,096.774
🔹 Day Low Support: 4,024.963
IF–THEN Scenario
✅ If price reclaims and closes above 4,153.929, buyers may extend the recovery toward the 4,202.291 supply zone.
❌ If price fails below resistance and sellers regain control, the market could revisit 4,024.963, with risk of a fresh liquidity sweep lower.
With PPI and Jobless Claims both scheduled during the U.S. session, volatility is expected to increase sharply. Waiting for post-news confirmation may provide cleaner institutional setups than predicting the release itself.
The market is now shifting focus to tonight’s high-impact U.S. data:
📊 PPI m/m Forecast: 0.7% (Previous 1.4%)
📊 Core PPI Forecast: 0.5%
📊 Initial Jobless Claims Forecast: ~220K (Previous 225K)
A softer PPI or weaker labor data would reinforce expectations for future Fed easing, potentially weakening the USD and supporting Gold. On the other hand, stronger-than-expected inflation or labor figures could revive USD strength and pressure bullion once again.
From a technical perspective, Gold is rebounding from the 1.0 Fibonacci extension near 4,024 after an aggressive markdown phase. Buyers have managed to defend the daily low zone, creating a short-term relief bounce.
Key H1 Levels
🔹 Resistance: 4,153.929
🔹 Major Supply Zone: 4,202.291
🔹 Current Pivot: 4,096.774
🔹 Day Low Support: 4,024.963
IF–THEN Scenario
✅ If price reclaims and closes above 4,153.929, buyers may extend the recovery toward the 4,202.291 supply zone.
❌ If price fails below resistance and sellers regain control, the market could revisit 4,024.963, with risk of a fresh liquidity sweep lower.
With PPI and Jobless Claims both scheduled during the U.S. session, volatility is expected to increase sharply. Waiting for post-news confirmation may provide cleaner institutional setups than predicting the release itself.
Zlecenie zamknięto ręcznie
The price has surged strongly through the 4200 resistance zone and reached 4245, indicating that buyers have entered the market. With the daily candle confirming this, the scenario for today will change and will be updated shortly.
Market Structure • Liquidity • Smart Money Concepts
Daily Gold Outlooks | Educational Content | Trading Insights
Daily Gold Outlooks | Educational Content | Trading Insights
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Market Structure • Liquidity • Smart Money Concepts
Daily Gold Outlooks | Educational Content | Trading Insights
Daily Gold Outlooks | Educational Content | Trading Insights
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.