๐ง Macro Outlook โ Eyes on Thursday
CPI is done. The next major catalyst? A full lineup of USD data + Powell speaking tomorrow, Thursday, May 15.
๐ Key Events โ May 15 (NY Session)
๐ฉ Core PPI m/m โ Forecast: 0.3% (prev. -0.1%)
๐ฉ Retail Sales m/m โ Forecast: 0.0% (prev. 1.4%)
๐ฉ Core Retail Sales m/m โ Forecast: 0.3%
๐ฉ Unemployment Claims โ Forecast: 229K
๐ง Empire State + Philly Fed Manufacturing Indexes
๐ด โ ๏ธ Fed Chair Powell Speaks
This is not a light news day. Itโs a full macro storm. Expect strong reactions from gold depending on how inflation, retail demand, and Powellโs tone align.
๐ Market Flow โ Price Action Overview
Gold remains in a retracement phase after bouncing cleanly from 3215โ3225.
Itโs now consolidating at 3244โ3252, a mid-range supply zone. Above this, we track a clear mitigation path toward untouched OBs and FVGs.
No structure has broken cleanly to confirm bullish reversal yet โ so we remain reactive, not predictive.
๐งฑ Sniper Mitigation Map
๐ข ๐ Zone โณ Status โ๏ธ Reason
1๏ธโฃ 3244โ3252 ๐ In play Mid-range supply zone currently in test
2๏ธโฃ 3280โ3288 โUnmitigated M30 OB + inefficiency pre-CPI
3๏ธโฃ 3315โ3320 โUnmitigated Asian session FVG / Gap
4๏ธโฃ 3330โ3338 โUnmitigated H1โH4 bearish OB (key reversal area)
5๏ธโฃ 3350โ3360 โ ๏ธ Only if structure shifts Upper OB โ reserved for extreme flow
๐ Key Technical Zones
Zone Type Level Context
โ Demand Zone 3215โ3225 Confirmed post-CPI bounce zone
๐ Active Supply 3244โ3252 Current area of compression
๐ง M30 OB 3280โ3288 Clean bearish OB not yet tested
๐ฅ FVG Magnet 3315โ3320 Asia imbalance likely to attract price
๐ฅ HTF OB 3330โ3338 Valid HTF reversal supply
โ ๏ธ Upper OB 3350โ3360 Only if 3338 breaks with strength
๐ง How to Use This Plan
Watch what price does at each zone, then build your own plan based on confirmations like BOS, CHoCH, rejection wicks, or liquidity sweeps.
Scenarios:
Tap & reject 3288? โ Short scalp idea back to 3244
Break above 3288? โ 3315โ3320 becomes next magnet
Strong reaction at 3330โ3338? โ HTF sell zone in play
Powell hawkish? โ Gold likely pressured down from OBs
Powell dovish? โ Price may reclaim above 3338
๐ฃ Final Note
Thursday = ๐ฅ Macro Meltdown Day ๐ฅ
Powell + inflation + retail data = high-probability moves. Let price lead. Donโt force early entries into chop.
๐ Appreciate clean, structured levels?
๐ฒ Follow GoldFxMinds for daily updates โ no fluff, just structure and timing.
โ GoldFxMinds โจ๐
CPI is done. The next major catalyst? A full lineup of USD data + Powell speaking tomorrow, Thursday, May 15.
๐ Key Events โ May 15 (NY Session)
๐ฉ Core PPI m/m โ Forecast: 0.3% (prev. -0.1%)
๐ฉ Retail Sales m/m โ Forecast: 0.0% (prev. 1.4%)
๐ฉ Core Retail Sales m/m โ Forecast: 0.3%
๐ฉ Unemployment Claims โ Forecast: 229K
๐ง Empire State + Philly Fed Manufacturing Indexes
๐ด โ ๏ธ Fed Chair Powell Speaks
This is not a light news day. Itโs a full macro storm. Expect strong reactions from gold depending on how inflation, retail demand, and Powellโs tone align.
๐ Market Flow โ Price Action Overview
Gold remains in a retracement phase after bouncing cleanly from 3215โ3225.
Itโs now consolidating at 3244โ3252, a mid-range supply zone. Above this, we track a clear mitigation path toward untouched OBs and FVGs.
No structure has broken cleanly to confirm bullish reversal yet โ so we remain reactive, not predictive.
๐งฑ Sniper Mitigation Map
๐ข ๐ Zone โณ Status โ๏ธ Reason
1๏ธโฃ 3244โ3252 ๐ In play Mid-range supply zone currently in test
2๏ธโฃ 3280โ3288 โUnmitigated M30 OB + inefficiency pre-CPI
3๏ธโฃ 3315โ3320 โUnmitigated Asian session FVG / Gap
4๏ธโฃ 3330โ3338 โUnmitigated H1โH4 bearish OB (key reversal area)
5๏ธโฃ 3350โ3360 โ ๏ธ Only if structure shifts Upper OB โ reserved for extreme flow
๐ Key Technical Zones
Zone Type Level Context
โ Demand Zone 3215โ3225 Confirmed post-CPI bounce zone
๐ Active Supply 3244โ3252 Current area of compression
๐ง M30 OB 3280โ3288 Clean bearish OB not yet tested
๐ฅ FVG Magnet 3315โ3320 Asia imbalance likely to attract price
๐ฅ HTF OB 3330โ3338 Valid HTF reversal supply
โ ๏ธ Upper OB 3350โ3360 Only if 3338 breaks with strength
๐ง How to Use This Plan
Watch what price does at each zone, then build your own plan based on confirmations like BOS, CHoCH, rejection wicks, or liquidity sweeps.
Scenarios:
Tap & reject 3288? โ Short scalp idea back to 3244
Break above 3288? โ 3315โ3320 becomes next magnet
Strong reaction at 3330โ3338? โ HTF sell zone in play
Powell hawkish? โ Gold likely pressured down from OBs
Powell dovish? โ Price may reclaim above 3338
๐ฃ Final Note
Thursday = ๐ฅ Macro Meltdown Day ๐ฅ
Powell + inflation + retail data = high-probability moves. Let price lead. Donโt force early entries into chop.
๐ Appreciate clean, structured levels?
๐ฒ Follow GoldFxMinds for daily updates โ no fluff, just structure and timing.
โ GoldFxMinds โจ๐
GoldFxMinds | XAUUSD Sniper Plans, Structure-Driven Bias & Execution Clarity
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Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
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.
GoldFxMinds | XAUUSD Sniper Plans, Structure-Driven Bias & Execution Clarity
Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
Free: t.me/GoldMindsFX_AI
VIP: t.me/GoldMindsFX_A
1-on-1 Coaching: t.me/GoldFxMinds
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.