Market Overview:
Gold has regained bullish traction after the latest US CPI report showed softer inflation data, leading to a weaker USD and renewed buying across metals.
CPI figures came in below market expectations (Core CPI 0.2% vs 0.3%, CPI m/m 0.3% vs 0.4%, CPI y/y 3.0% vs 3.1%), signalling lower inflation pressure and reinforcing bets that the Fed will stay dovish heading into November.
As a result, gold bounced strongly from the 4,050–4,058 support zone, reclaiming key structure levels and stabilising above 4,100 USD/oz.
Market sentiment remains risk-sensitive, but the short-term tone favours further upside correction, as long as gold holds above the trendline and liquidity support zones highlighted on the chart.
Technical Outlook (H2):
The market structure suggests gold has completed its correction phase and is attempting to form a new bullish leg.
Price action shows a clean rejection at the 4,050 liquidity base, and the next immediate objectives are the 4,211 neckline and 4,260–4,342 supply zones.
Key Technical Levels:
Support / Buy Zone: 4,058 – 4,002
Liquidity Sweep Zone: 3,930 – 3,940
Resistance / Neckline: 4,211
Sell Zone Reaction Fibo: 4,260 – 4,342
Trading Plan – MMFLOW View
🔹 BUY Zone #1 (Continuation Play)
Entry: 4,058 – 4,050
Stop Loss: 4,035
Take Profit: 4,155 → 4,211 → 4,260
🔹 BUY Zone #2 (Liquidity Sweep Scenario)
Entry: 4,002 – 3,930
Stop Loss: 3,915
Take Profit: 4,058 → 4,155 → 4,211
Ideal setup if price retests liquidity before CPI-induced recovery continues.
🔹 SELL Zone(Reaction Trade)
Entry: 4,260 – 4,342
Stop Loss: 4,355
Take Profit: 4,211 → 4,100 → 4,058
Weekly Bias & Summary:
With CPI cooling and the USD losing momentum, gold’s structure points to a recovery phase, possibly extending into Wave III of the medium-term cycle.
However, the 4,211 neckline remains the key pivot — a breakout above this zone could trigger momentum extension toward 4,260–4,340, while a rejection may result in another range-bound pullback.
🟡 MMFLOW Bias: Bullish while above 4,050 — dips remain opportunities to buy.
Macro tone favours risk-on rotation, supporting gold’s upside into next week.
📊 Do you think gold will break 4,211 for the next bullish leg, or is another correction incoming before the real move?
👉 Follow MMFLOW TRADING for daily institutional updates and Smart Money Flow structure.
Gold has regained bullish traction after the latest US CPI report showed softer inflation data, leading to a weaker USD and renewed buying across metals.
CPI figures came in below market expectations (Core CPI 0.2% vs 0.3%, CPI m/m 0.3% vs 0.4%, CPI y/y 3.0% vs 3.1%), signalling lower inflation pressure and reinforcing bets that the Fed will stay dovish heading into November.
As a result, gold bounced strongly from the 4,050–4,058 support zone, reclaiming key structure levels and stabilising above 4,100 USD/oz.
Market sentiment remains risk-sensitive, but the short-term tone favours further upside correction, as long as gold holds above the trendline and liquidity support zones highlighted on the chart.
Technical Outlook (H2):
The market structure suggests gold has completed its correction phase and is attempting to form a new bullish leg.
Price action shows a clean rejection at the 4,050 liquidity base, and the next immediate objectives are the 4,211 neckline and 4,260–4,342 supply zones.
Key Technical Levels:
Support / Buy Zone: 4,058 – 4,002
Liquidity Sweep Zone: 3,930 – 3,940
Resistance / Neckline: 4,211
Sell Zone Reaction Fibo: 4,260 – 4,342
Trading Plan – MMFLOW View
🔹 BUY Zone #1 (Continuation Play)
Entry: 4,058 – 4,050
Stop Loss: 4,035
Take Profit: 4,155 → 4,211 → 4,260
🔹 BUY Zone #2 (Liquidity Sweep Scenario)
Entry: 4,002 – 3,930
Stop Loss: 3,915
Take Profit: 4,058 → 4,155 → 4,211
Ideal setup if price retests liquidity before CPI-induced recovery continues.
🔹 SELL Zone(Reaction Trade)
Entry: 4,260 – 4,342
Stop Loss: 4,355
Take Profit: 4,211 → 4,100 → 4,058
Weekly Bias & Summary:
With CPI cooling and the USD losing momentum, gold’s structure points to a recovery phase, possibly extending into Wave III of the medium-term cycle.
However, the 4,211 neckline remains the key pivot — a breakout above this zone could trigger momentum extension toward 4,260–4,340, while a rejection may result in another range-bound pullback.
🟡 MMFLOW Bias: Bullish while above 4,050 — dips remain opportunities to buy.
Macro tone favours risk-on rotation, supporting gold’s upside into next week.
📊 Do you think gold will break 4,211 for the next bullish leg, or is another correction incoming before the real move?
👉 Follow MMFLOW TRADING for daily institutional updates and Smart Money Flow structure.
⚜️Trade with Money Market Flow, logic, Price action
🔥Live Market Updates-Realtime Trading Plans & Signal
t.me/+sBwjxIJbdoFmNjk1
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
MMFLOW gives you precision entries & BIGWIN profits
🔥Live Market Updates-Realtime Trading Plans & Signal
t.me/+sBwjxIJbdoFmNjk1
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
MMFLOW gives you precision entries & BIGWIN profits
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
⚜️Trade with Money Market Flow, logic, Price action
🔥Live Market Updates-Realtime Trading Plans & Signal
t.me/+sBwjxIJbdoFmNjk1
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
MMFLOW gives you precision entries & BIGWIN profits
🔥Live Market Updates-Realtime Trading Plans & Signal
t.me/+sBwjxIJbdoFmNjk1
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 8 to 16 Signals VIP
MMFLOW gives you precision entries & BIGWIN profits
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
