🚨Will CPI Send Gold Toward 4,110?
📊Key Zones
• Macro Ceiling (Major Breakout Inflection Level): 4227
• Resistance Zone: 4200–4208
• Support Zone: 4140–4130
• Strong Support Zone: 4115–4105
• Macro Invalidation Floor (Weak Low Swept): 4066
🛑Chasing the price up toward the 4200–4208 range carries significant downside risk; the preference is to sell after testing this area and confirming a pullback. The initial target is 4140–4130, with a break below 4130 extending the target to the macro demand floor at 4110.
Do you plan to short the 4200–4208 range today targeting a pullback to 4110, or wait to buy at the discount demand floor of 4105?
📊Key Zones
• Macro Ceiling (Major Breakout Inflection Level): 4227
• Resistance Zone: 4200–4208
• Support Zone: 4140–4130
• Strong Support Zone: 4115–4105
• Macro Invalidation Floor (Weak Low Swept): 4066
🛑Chasing the price up toward the 4200–4208 range carries significant downside risk; the preference is to sell after testing this area and confirming a pullback. The initial target is 4140–4130, with a break below 4130 extending the target to the macro demand floor at 4110.
Do you plan to short the 4200–4208 range today targeting a pullback to 4110, or wait to buy at the discount demand floor of 4105?