Gold Spot / U.S. Dollar
Long
Updated

Waiting for CPI & FED rate cut | Priority Buy at support

192
🟡 XAU/USD – 11/09 | Captain Vincent ⚓
🔎 Captain’s Log – News Context

US PPI yesterday: Wholesale prices dropped sharply, below forecasts → strengthening expectations of a FED rate cut.

FED probabilities: 100% odds for a -25bps cut next week, and even 16% of investors bet on -50bps.

Today: US CPI & Jobless Claims – key data to assess inflation & labor, determining the specific cut.

Captain’s Summary: FED will certainly cut rates, so Gold remains supported in its bullish trend. Short-term fluctuations may occur due to sentiment or surprises (e.g., tariff news from Trump).

📈 Captain’s Chart – Technical Analysis

Storm Breaker (Resistance):

Bearish OB: 3645 – 3650 (near-term resistance)

Weak High: 3674 (target if breakout succeeds)

Golden Harbor (Support):

Near support: 3622

FVG Dock: 3603

Bullish OB: 3581 – 3585 (strong mid-term support)

Market Structure:

H1 shows a short-term bearish BoS, retesting support.

Main trend remains bullish → possible pullback to 3622 or 3603 before rallying toward 3670+.

🎯 Captain’s Map – Trade Plan

Buy (priority with trend)

Entry 1 (FVG): 3603 – 3605
SL: 3592
TP: 3610 – 3615 – 3625 – 365x

Entry 2 (Bullish OB): 3581 – 3585
SL: 3572
TP: 3600 – 3620 – 3640

Sell (only short scalp at resistance)
Sell Zone: 3645 – 3650
SL: 3658
TP: 3635 – 3628 – 3622

Captain’s Note

“The Golden sails remain full of wind as the FED is almost certain to cut rates. Golden Harbor 🏝️ (3622 – 3603) and the deeper OB 3581 – 3585 are safe havens to follow the bullish tide. If the ship touches Storm Breaker 🌊 (3645 – 3650), only Quick Boarding 🚤 short scalps are recommended. The larger voyage still heads north, steering Gold toward new highs at 367x.”
Trade active
Gold Update – 15m Chart, 11/09/2025

After the US CPI release, price moved sharply but hasn’t broken the main trend, still consolidating within 3620–3645.

Intraday structure shows sideways action, with alternating ups and downs, reflecting that liquidity is waiting for new confirmation.

Nearest support: 3620–3625, where price has repeatedly bounced.

Nearest resistance: 3640–3645, aligning with the previous H1 resistance.

Price Action Meaning
Every dip below 3625 sees buying pressure → buyers are still accumulating.
Conversely, every push to 3640 faces strong selling → sellers dominate the upper zone.

This is a “compression range preparing for breakout.”

Short-term Scenarios

Buy scalp: prefer entries around 3620–3625, stop below 3615.

Short sell: 3640–3645 remains a safe sell zone, stop above 3650.

Breakout trade: if price breaks firmly above 3645, target 3670; if it breaks 3620, downside opens toward 3585.

Disclaimer

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