🥇XAUUSD after PPI — sold the hike, not the core.
📊 Aug PPI: 0.4% m/m / 5.4% y/y
🟢 Core: 0.2% — soft
🛢️ Oil > $100 + 📈 yields did the damage.
🏦 Hike odds: ~70%
⚠️ Gold sliced the 4H EMA cluster (~4375) and is now sitting on 4310–4325 demand.
📉 1H RSI ~36 → bounce = dead cat until proven otherwise.
🌏 Asia → London → NY
🟢 S1 4310–4325 — Demand
🟢 S2 4280–4290 — Prior swing
🔴 R1 4348–4355 — 1H EMA20 → Fade
🔴 R2 4372–4378 — 4H 20/200 → Must reclaim
🔴 R3 4408–4418 — 4H 50/100
🎯 Plan:
↔️ Asia range: 4312–4348
🔴 Sell R1
🟢 Buy only if S1 holds
⚠️ Break 4310 → 4280
📉 Bias remains bearish below 4375
🚫 Do not chase longs into CPI (NY).
❌ Invalidation: 4H close above 4378.
👉TRADE $XAU HERE👇
📊 Aug PPI: 0.4% m/m / 5.4% y/y
🟢 Core: 0.2% — soft
🛢️ Oil > $100 + 📈 yields did the damage.
🏦 Hike odds: ~70%
⚠️ Gold sliced the 4H EMA cluster (~4375) and is now sitting on 4310–4325 demand.
📉 1H RSI ~36 → bounce = dead cat until proven otherwise.
🌏 Asia → London → NY
🟢 S1 4310–4325 — Demand
🟢 S2 4280–4290 — Prior swing
🔴 R1 4348–4355 — 1H EMA20 → Fade
🔴 R2 4372–4378 — 4H 20/200 → Must reclaim
🔴 R3 4408–4418 — 4H 50/100
🎯 Plan:
↔️ Asia range: 4312–4348
🔴 Sell R1
🟢 Buy only if S1 holds
⚠️ Break 4310 → 4280
📉 Bias remains bearish below 4375
🚫 Do not chase longs into CPI (NY).
❌ Invalidation: 4H close above 4378.
👉TRADE $XAU HERE👇
