#XAUTSDT (Gold) — Trendline Rejection Before US CPI Drop
Charts whispered the story before the headlines hit! 📊
• Setup: Scaled in short around $4,146 following multiple rejections at the 1D & 4H descending channel trendline.
• Confirmation: Hotter-than-expected US Inflation (CPI) triggered a 50+ point sell-off straight into our path.
• Risk Management: SL locked at $4,154.71 (Max risk: -$0.35 USDT).
• Target: $4,010.00 (Key Daily demand zone).
Macro catalysts only accelerate what clean technicals already map out.
$PAXG #Gold #XAU #MacroEconomics #TechnicalAnalysis #FuturesTrading
Charts whispered the story before the headlines hit! 📊
• Setup: Scaled in short around $4,146 following multiple rejections at the 1D & 4H descending channel trendline.
• Confirmation: Hotter-than-expected US Inflation (CPI) triggered a 50+ point sell-off straight into our path.
• Risk Management: SL locked at $4,154.71 (Max risk: -$0.35 USDT).
• Target: $4,010.00 (Key Daily demand zone).
Macro catalysts only accelerate what clean technicals already map out.
$PAXG #Gold #XAU #MacroEconomics #TechnicalAnalysis #FuturesTrading