🟡 CPI WATCH — XAUUSDT (Gold)
Key US data tomorrow (20:30):
• Core CPI (MoM) → Previous: 0.2%
• Core CPI (YoY) → Previous: 3.0%
• Initial Jobless Claims → Previous: 236K
• Continuing Claims → Previous: 1.838M
This data will likely set Gold’s direction into Friday close.
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📊 Current Market Structure (XAUUSDT)
• Price: ~4322
• Compression below recent highs
• Bollinger bands tightening → expansion likely
• Market waiting for macro confirmation
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🟢 Bullish Gold Scenario
(Dovish CPI / weaker labor)
Triggers:
• Core CPI ≤ 0.2%
• Jobless Claims above 236K (labor softening)
Market reaction:
• USD weakens
• Gold bid on inflation cooling + risk hedge
Upside structure levels:
• Resistance 1: 4335 – 4345
• Resistance 2: 4375 – 4390
• Extension: 4410+ (liquidity pocket)
Fib reference (recent swing):
• 0.618 hold above 4305
• Acceptance above 4345 = bullish continuation
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🔴 Bearish Gold Scenario
(Hot CPI / strong labor)
Triggers:
• Core CPI > 0.2%
• Jobless Claims below 236K (labor strength)
Market reaction:
• USD strengthens
• Gold sells off on rate pressure
Downside structure levels:
• Support 1: 4305 – 4295
• Support 2: 4275 – 4265
• Breakdown zone: 4235 – 4215
Fib reference:
• Loss of 0.5 retrace = momentum shift
• Failure below 4295 opens deeper rotation
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⚠️ Trading Note
• Expect liquidity spikes at release
• First candle = noise
• Direction confirmed by M15 close + acceptance
No chasing tops.
No guessing bottoms.
Structure after CPI decides the trade.
🌴 Jungle Wisdom:
The news creates the storm — structure shows the path.
#GOLD #CPIWatch #Marketstructure #MacroWatch #USJobsData
CPI Watch — XAUUSDT
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