🔴 GOLD ($XAUT) — Hot CPI Hit, Now What? 🔴
US inflation came in hot 🔥 → dollar up, rate hike bets up → gold -1.2%, dumped from 4,140 to 4,076 in one push.
Now it’s bouncing at ~4,105. Is this a bounce to sell? 👇
📊 The stats (1H chart)
🔹 Price: below all EMAs (50 / 100 / 200 / 400)
🔹 RSI: 37, weak but not oversold
🔹 ADX: 45, a strong trend in progress
🔹 MACD: negative
🔹 TradingView MA rating: STRONG SELL 🟥
📉 Main setup: Sell the bounce
🔹 Entry zone: 4,125 – 4,141 (VWAP upper band + EMA 50)
🔹 SL: 4,156 (above EMA 100)
🔹 TP1: 4,084 | TP2: 4,065
📈 Plan B: Bias flips
1H close above 4,142 = sellers lost control → long toward 4,161 / 4,181
🧭 Key levels
Resistance: 4,141 / 4,155 / 4,191 Support: 4,104 (VWAP) / 4,084 / 4,065
⚠️ Don’t short the bottom. Let price come to the zone first.
💬 Bounce to sell or bottom is in? Comment 👇
👉 Follow for London and NY session setups every day
Not financial advice. Manage your risk.
$XAUT $PAXG $BTC
#Gold #XAUT #WriteToEarn #BinanceSquare #CPI
US inflation came in hot 🔥 → dollar up, rate hike bets up → gold -1.2%, dumped from 4,140 to 4,076 in one push.
Now it’s bouncing at ~4,105. Is this a bounce to sell? 👇
📊 The stats (1H chart)
🔹 Price: below all EMAs (50 / 100 / 200 / 400)
🔹 RSI: 37, weak but not oversold
🔹 ADX: 45, a strong trend in progress
🔹 MACD: negative
🔹 TradingView MA rating: STRONG SELL 🟥
📉 Main setup: Sell the bounce
🔹 Entry zone: 4,125 – 4,141 (VWAP upper band + EMA 50)
🔹 SL: 4,156 (above EMA 100)
🔹 TP1: 4,084 | TP2: 4,065
📈 Plan B: Bias flips
1H close above 4,142 = sellers lost control → long toward 4,161 / 4,181
🧭 Key levels
Resistance: 4,141 / 4,155 / 4,191 Support: 4,104 (VWAP) / 4,084 / 4,065
⚠️ Don’t short the bottom. Let price come to the zone first.
💬 Bounce to sell or bottom is in? Comment 👇
👉 Follow for London and NY session setups every day
Not financial advice. Manage your risk.
$XAUT $PAXG $BTC
#Gold #XAUT #WriteToEarn #BinanceSquare #CPI