London/NY overlap, Oct 13: gold eases to 4,205 after tagging 4,225, chopping around the H4 EMA ahead of CPI – sell rallies 4,225–4,245, buy only 4,165–4,178
Bias: 🔻 Bearish
🔴 SELL zone 4,225 – 4,245 | SL 4,262 | TP 4,205 → 4,180
🟢 BUY zone 4,196 – 4,200 | SL 4,186 | TP 4,215 – 4,224
⚠️ Key risk: No tier-1 data today · US CPI Wed 8:30 AM ET
💲 ⚠️ Levels are COMEX gold futures (GC=F), not spot – spot trades roughly $19 lower
More details
🧭 Plan & scenarios
- The data: no tier-1 data today; gold eased to ~4,205 after tagging 4,225, chopping around the H4 EMA into CPI (CNBC).
- The tape: tagged 4,225 then faded; daily under the 20 EMA at 4,245.1; H4 neutral on the EMAs.
- Why: dollar near an 18-month high; silver −0.5% to $60.01; tape waiting on Wednesday CPI (CNBC/Investing).
- Levels: sell rallies 4,225–4,245 → 4,205 then 4,180; buy only 4,165–4,178; break of 4,165 → 4,140.
- Risk: pre-CPI ranges run stops both ways – size small; don't carry through Wed 8:30 AM ET.
💡 Our take
Trade the plan, not the noise.
Technical analysis for educational purposes only – not investment advice.
⚠ For information and education only – not investment advice. Trading gold and CFDs carries a high risk of loss.