Gold remains in a short-term H1 downtrend, while the broader market is trading within a range. #CPI could trigger a liquidity sweep in either direction. 🚨
#GOLD
Resistance: 4,160 | 4,170 | 4,198–4,200|4250|4300
Support: 4,140–4,130 | 4,110–4,100 | 4,060 | 4,020
CPI strategy: Let volatility play out first. Avoid chasing the initial move; look for Buy opportunities after a 120–140 point move and a confirmed reaction at support.
#GOLD
Resistance: 4,160 | 4,170 | 4,198–4,200|4250|4300
Support: 4,140–4,130 | 4,110–4,100 | 4,060 | 4,020
CPI strategy: Let volatility play out first. Avoid chasing the initial move; look for Buy opportunities after a 120–140 point move and a confirmed reaction at support.