XAUUSD — Weekly Outlook: H4 Bearish Distribution
Market Context
Gold is trading around $4,349 after another volatile week, with the H4 chart showing a completed Head & Shoulders distribution and a clear shift from bullish expansion into bearish delivery. Price remains below the broken structure, while repeated BOS signals continue to expose liquidity beneath the market.
The macro backdrop also favors caution on Gold next week. August U.S. CPI rose 0.4% MoM and 3.4% YoY, while stronger PPI and labor data have pushed market expectations for a
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