đš GOLD ALERT: CPI Sends $XAUT Lower
Gold fell more than 1% today, touching approximately $4,086/oz after US inflation came in hotter than expected
đ What changed?
đșđž CPI: 3.7% YoY vs 3.6% forecast
đ Stronger dollar and rising yields
đ Higher rate expectations are pressuring gold
Key levels Iâm watching:
đč $4,066 â potential downside reference
đč $4,100â$4,110 â recovery zone
đč $4,125 â level bulls need to reclaim
My approach: no blind entries after a sharp move
I want to see whether sellers maintain control or buyers reclaim resistance
â ïž CPI volatility can trigger sharp reversals. Manage risk carefully
Gold fell more than 1% today, touching approximately $4,086/oz after US inflation came in hotter than expected
đ What changed?
đșđž CPI: 3.7% YoY vs 3.6% forecast
đ Stronger dollar and rising yields
đ Higher rate expectations are pressuring gold
Key levels Iâm watching:
đč $4,066 â potential downside reference
đč $4,100â$4,110 â recovery zone
đč $4,125 â level bulls need to reclaim
My approach: no blind entries after a sharp move
I want to see whether sellers maintain control or buyers reclaim resistance
â ïž CPI volatility can trigger sharp reversals. Manage risk carefully