#XAUUSD (GOLD) CPI NEWS SELL OR BUY ?

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Hello Everyone Here is My #XAUUSD (Gold) Analysis CPI Day March 12, 2025

Please Check & Share Your Kind Opinions in Comment Section, Thanks

#Gold is Currently trading around $2918 ahead of today’s high-impact #CPI news which could bring sharp volatility.
We are focusing on key pivot and technical levels for potential trading opportunities.

📊Pivot Point: #2922

📉Bearish Scenario (Below Pivot 2922): If gold stays below 2922 we can expect selling pressure.
📉First Sell Target: $2910
📉Second Sell Target : $2900

key support zones to watch: $2894 and $2888 for further downside momentum

📈Bullish Scenario (Above Pivot 2922): If gold breaks and holds above #2922 it may push higher.

📈First Resistance: $2925 / $2930
📈Second Resistance:$2945 / $2950

📊rend Outlook:**
📉Below $2922 Bearish
📈Above $2922 Bullish
especially on strong CPI data reaction.

#CPI will be the key mover today so trade carefully and watch for sharp spikes on data release

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