Gold maintained a bullish tone yesterday, with prices recovering steadily toward the 3100 level, offering smooth trade opportunities and favorable returns.
However, today presents a significantly more complex trading environment due to several high-impact events:
🇺🇸 US CPI (MoM + Core CPI)
📝 Initial Jobless Claims
🗣️ Fed speakers including Barkin and Schmid
Technically, gold is now at a crucial inflection point, where market interpretation diverges:
If this is merely a corrective rebound in a broader downtrend, the move may be near completion.
If instead it's a healthy retracement in an ongoing uptrend, we could be in the middle phase of a continued climb.
Given the mix of technical ambiguity and fundamental uncertainty, a neutral and reactive trading stance is essential today.
🎯【Recommended Strategy & Positioning】
Trade Against Emotional Swings
Avoid chasing price during high-volatility news. Look to sell after sharp rallies and buy after sharp dips, minimizing exposure to emotional trades.
Key Zone Analysis – Watch the Trapped Orders
3128–3158: Zone where many long positions may be trapped — watch for selling pressure.
3016–2978: Former short-entry zone — potential area for long-side reactivation if retested.
📌【Today's Key Trade Zones】
🔻 Sell Zone: 3143 – 3168
🔺 Buy Zone: 3013 – 2979
🔄 Flexible Zone 1: 3109 – 3058
🔄 Flexible Zone 2: 3045 – 3013
❗ Above 3170, focus only on short positions — avoid chasing long trades at elevated levels.
However, today presents a significantly more complex trading environment due to several high-impact events:
🇺🇸 US CPI (MoM + Core CPI)
📝 Initial Jobless Claims
🗣️ Fed speakers including Barkin and Schmid
Technically, gold is now at a crucial inflection point, where market interpretation diverges:
If this is merely a corrective rebound in a broader downtrend, the move may be near completion.
If instead it's a healthy retracement in an ongoing uptrend, we could be in the middle phase of a continued climb.
Given the mix of technical ambiguity and fundamental uncertainty, a neutral and reactive trading stance is essential today.
🎯【Recommended Strategy & Positioning】
Trade Against Emotional Swings
Avoid chasing price during high-volatility news. Look to sell after sharp rallies and buy after sharp dips, minimizing exposure to emotional trades.
Key Zone Analysis – Watch the Trapped Orders
3128–3158: Zone where many long positions may be trapped — watch for selling pressure.
3016–2978: Former short-entry zone — potential area for long-side reactivation if retested.
📌【Today's Key Trade Zones】
🔻 Sell Zone: 3143 – 3168
🔺 Buy Zone: 3013 – 2979
🔄 Flexible Zone 1: 3109 – 3058
🔄 Flexible Zone 2: 3045 – 3013
❗ Above 3170, focus only on short positions — avoid chasing long trades at elevated levels.
Note
Gold Has Reached Resistance – Short Opportunity AheadGold has now entered a key resistance zone, and a short-term pullback is likely.
📉 Trade Idea: Enter short positions near current levels
🎯 Target: Around 3109
Due to increased volatility, make sure to manage your risk and avoid chasing the market. Take profits in batches if the price hits the target.
Trade active
📉 Gold has reached the target zone – Shorts hit take-profit successfully!Congrats to everyone who followed the trade and booked profits! 🎉
The overall trend remains bearish, so if you'd like to hold part of your position, you may look for further downside potential.
⚠️ Risk Management Tips:
Volatility is still high
Control your exposure, avoid overleveraging
Do not chase the market blindly
I'll keep updating the next support zones and trade ideas – stay tuned and feel free to reach out with any questions!
Note
📢 CPI & Initial Jobless Claims Data Coming in 5 Minutes!The market is about to face major volatility—get ready!
⚠️ If you’re holding open positions, exercise extreme caution.
Today’s movement is expected to be very sharp, with potential swings exceeding $50 in gold.
📌 Final Reminder:
Double-check your risk control
Adjust your stop-losses if needed
Be prepared for fast moves both up and down
🎯 Stay alert—this is a key moment in the market!
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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.
Related publications
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.