Yesterday, gold managed to hold the 4648–4650 zone, keeping the short-term bullish structure intact.
However, the market is still moving sideways with aggressive liquidity sweeps ahead of tonight’s CPI release.
Personal View
Today, I still prefer SELL positions overall.
If CPI comes in higher again, it could increase pressure on gold and trigger a deeper pullback.
Main Range
Upper range: 4772
Lower range: 4648–4650
Resistance
4750 | 4760 | 4772
Support
4665–4670 | 4645–4650
If 4650 breaks, the market could extend lower toward:
4580 | 4547
Trading Plan
Prefer trading the current range
Look for SELL setups around resistance
Short-term BUY scalps only at strong support zones
Expected daily range: around 100–120 points
Main Idea
The market is still waiting for CPI and continues sweeping liquidity on both sides.
Until a clear breakout appears, range trading remains the most suitable strategy.
“Before major news, the market usually sweeps first — then makes the real move.”
Are you leaning toward a bullish breakout — or looking to sell after tonight’s CPI?
However, the market is still moving sideways with aggressive liquidity sweeps ahead of tonight’s CPI release.
Personal View
Today, I still prefer SELL positions overall.
If CPI comes in higher again, it could increase pressure on gold and trigger a deeper pullback.
Main Range
Upper range: 4772
Lower range: 4648–4650
Resistance
4750 | 4760 | 4772
Support
4665–4670 | 4645–4650
If 4650 breaks, the market could extend lower toward:
4580 | 4547
Trading Plan
Prefer trading the current range
Look for SELL setups around resistance
Short-term BUY scalps only at strong support zones
Expected daily range: around 100–120 points
Main Idea
The market is still waiting for CPI and continues sweeping liquidity on both sides.
Until a clear breakout appears, range trading remains the most suitable strategy.
“Before major news, the market usually sweeps first — then makes the real move.”
Are you leaning toward a bullish breakout — or looking to sell after tonight’s CPI?
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 XAUUSD & Forex Trading📈 Intraday setups – risk-managed⏱️ Live alerts + technical reasoning🧠 Consistency over hype📌 Trade the plan. Manage the risk.👉 Full signals & real-time insights
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.