I’m leaning bullish into CPI. If the number comes in hotter, gold usually gets an “inflation hedge” bid. No indicators, just clean levels from the chart.
Levels I care about
3450–3460: big target/resistance
3379: pivot — above it, buyers in control
3353: minor support
3317: demand / last higher low
3292: hard invalidation
How I’ll trade it
Plan A (shallow dip): If after the print price reclaims 3379 and holds on 15–30m, I’ll look long.
Stop: ~3351
Targets: 3450 first, then 3460 if momentum sticks.
Plan B (deeper sweep): If CPI first flushes into 3317 ±10 and we see a sharp rejection + higher low on LTF, I’ll buy the bounce.
Stop: ~3290 (below invalidation)
Targets: 3379, then 3450–3460.
If I’m wrong
A clean 4H close below 3292 = I’m out and waiting.
Notes
If CPI is softer than expected, USD/yields can pop and this long idea likely fails. I’ll wait 5–15 minutes after the release before committing and keep size modest.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.