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DislikedFresh Week Opens with Downside Correction Ahead of Key Data! Technical Levels: Immediate resistance: 4200 → Break & sustain above → targets 4250 – 4270 range Unable to break & hold 4200 → larger correction expected → Downside support zone 4080 – 4090 Bias: Cautious short-term. 4200 is the critical level this week. Your view – breakout above 4200 or deeper correction to 4080 first? Not financial advice. Trade at your own risk. {image}Ignored
DislikedDown 2.75% on Monday, Now Correcting Ahead of #CPI & #Warsh Testimony! Gold is attempting a recovery on Tuesday as traders digest the ongoing US-Iran conflict and brace for two major events: 1)US CPI Data (Hot = Hawkish Fed = Weak Gold | Cool = Dovish = Strong Gold) 2)Kevin Warsh’s First Testimony (Hawkish vs Dovish tone) Technical Levels: Hold above 3980–3985 support → upward correction likely → Immediate resistance 4060–4070...Ignored