H79 Gold Plan – Asian session, Oct 14: 15m/30m bearish, buying dips at the lower BB90 4,140–4,154 and 4,106–4,121 (spot) ahead of CPI at 8:30 AM ET
Bias: 🔻 Bearish
🔴 SELL zone 4,211 – 4,221 (only if lower timeframes flip bullish) | SL 4,232 | TP 4,183 → 4,154
🟢 BUY zone 4,140 – 4,154 | SL 4,130 | TP 4,172 → 4,183
⚠️ Key risk: US CPI 8:30 AM ET (est. 3.6% y/y) – move stops to breakeven or be flat before the print
💲 ✅ Levels are spot XAU/USD (converted from futures)
More details
🧭 Plan & scenarios
- The data: spot ~4,163; 15m/30m bearish; lower BB 45m 4,154 · 1H 4,121 – CPI 8:30 AM ET (est. 3.6% y/y).
- The tape: MACD histogram negative on all four frames (crossed down 9:30/9:00 AM ET Oct 13); RSI 44–47 – leaning bearish, no buy signal yet.
- Why: CNBC – a hot CPI → yields/dollar up → gold lower; 10-year ~5.20% eased off a 24-year high as energy cooled.
- Levels: buy 4,140–4,154 (and 4,106–4,121); sell only if channels flip 4,211–4,221; pivot S1 4,140 · P 4,172.
- Risk: counter-trend vs a bearish daily – size small; stops to breakeven before CPI.
💡 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.