📌 Market Overview
For the past three months, the US Dollar (USD) has been consistently weakening, signaling a significant shift in the financial markets. With the latest CPI report showing weaker-than-expected figures, USD remains under pressure in the short term. However, long-term indicators suggest a potential recovery, implying short-term weakness but long-term strength for the dollar.
Meanwhile, GOLD continues to benefit from this USD downturn, both fundamentally and technically. As previously highlighted, our bullish bias remains intact, and we will continue to look for early buy opportunities at key support zones while monitoring the next resistance levels at all-time highs (ATH).
📊 CPI Impact on USD & GOLD – What’s Next?
🔹 USD’s Short-Term Weakness vs. Long-Term Resilience
The weaker-than-expected CPI figures have put immediate downside pressure on the USD.
However, in the long run, this could signal a bottoming phase for the dollar, setting the stage for future strength.
For now, USD weakness supports GOLD's bullish momentum, allowing for further upside potential.
🔸 GOLD’s Continued Strength – Aiming for New Highs?
With weaker USD and a risk-off sentiment, GOLD remains a preferred asset for investors.
Our strategy stays focused on buying dips, particularly around key support zones.
The upcoming PPI report (Producer Price Index) will be another crucial factor influencing inflation expectations and USD movement.
📉 Key Technical Levels for GOLD
🔹 Major Resistance Levels:
2,945 - 2,956 - 2,972 - 2,988
🔻 Major Support Levels:
2,931 - 2,922 - 2,914 - 2,906 - 2,898
🎯 Trading Plan for Today
🟢 BUY ZONE: 2,922 - 2,920
📍 SL: 2,916
🎯 TP: 2,926 - 2,930 - 2,935 - 2,940 - 2,950
🔴 SELL ZONE: 2,955 - 2,957
📍 SL: 2,961
🎯 TP: 2,950 - 2,946 - 2,942 - 2,938 - 2,930
⚡ PPI Data Tonight – Another Market Mover!
📌 Tonight, the PPI (Producer Price Index) report will be released, measuring inflation at the production level.
📌 A weak PPI print could add short-term bearish pressure on USD, further supporting GOLD’s bullish bias.
📌 However, in the long run, stable inflation could provide support for USD, reinforcing its recovery trend.
📢 Traders, be prepared for increased volatility! Stick to TP/SL levels to protect your capital. 🚀🔥
💬 What’s your view? Do you think GOLD will hit new ATH levels, or will USD start its recovery soon? Let’s discuss in the comments!
For the past three months, the US Dollar (USD) has been consistently weakening, signaling a significant shift in the financial markets. With the latest CPI report showing weaker-than-expected figures, USD remains under pressure in the short term. However, long-term indicators suggest a potential recovery, implying short-term weakness but long-term strength for the dollar.
Meanwhile, GOLD continues to benefit from this USD downturn, both fundamentally and technically. As previously highlighted, our bullish bias remains intact, and we will continue to look for early buy opportunities at key support zones while monitoring the next resistance levels at all-time highs (ATH).
📊 CPI Impact on USD & GOLD – What’s Next?
🔹 USD’s Short-Term Weakness vs. Long-Term Resilience
The weaker-than-expected CPI figures have put immediate downside pressure on the USD.
However, in the long run, this could signal a bottoming phase for the dollar, setting the stage for future strength.
For now, USD weakness supports GOLD's bullish momentum, allowing for further upside potential.
🔸 GOLD’s Continued Strength – Aiming for New Highs?
With weaker USD and a risk-off sentiment, GOLD remains a preferred asset for investors.
Our strategy stays focused on buying dips, particularly around key support zones.
The upcoming PPI report (Producer Price Index) will be another crucial factor influencing inflation expectations and USD movement.
📉 Key Technical Levels for GOLD
🔹 Major Resistance Levels:
2,945 - 2,956 - 2,972 - 2,988
🔻 Major Support Levels:
2,931 - 2,922 - 2,914 - 2,906 - 2,898
🎯 Trading Plan for Today
🟢 BUY ZONE: 2,922 - 2,920
📍 SL: 2,916
🎯 TP: 2,926 - 2,930 - 2,935 - 2,940 - 2,950
🔴 SELL ZONE: 2,955 - 2,957
📍 SL: 2,961
🎯 TP: 2,950 - 2,946 - 2,942 - 2,938 - 2,930
⚡ PPI Data Tonight – Another Market Mover!
📌 Tonight, the PPI (Producer Price Index) report will be released, measuring inflation at the production level.
📌 A weak PPI print could add short-term bearish pressure on USD, further supporting GOLD’s bullish bias.
📌 However, in the long run, stable inflation could provide support for USD, reinforcing its recovery trend.
📢 Traders, be prepared for increased volatility! Stick to TP/SL levels to protect your capital. 🚀🔥
💬 What’s your view? Do you think GOLD will hit new ATH levels, or will USD start its recovery soon? Let’s discuss in the comments!
Trade active
🔥 USD UNDER PRESSURE – HOW WILL PPI IMPACT THE MARKET?
📌 Market Overview
The US Dollar (USD) continues its downward trend, with the DXY index dropping 3.5% in the past week, marking its second-largest decline since 2020. This ongoing weakness has fueled uncertainty in global financial markets.
👉 The Euro’s strength (+4.7% against USD) and expectations of Fed rate cuts are key drivers behind USD’s decline.
📊 PPI Report Tonight – What to Expect?
🔹 A weak PPI report could further pressure USD, pushing gold higher toward $2,970 - $3,000.
🔹 A strong PPI reading may signal inflation concerns, leading to a potential USD rebound and a short-term pullback in gold.
📉 Key Market Reactions to Watch
✔ Gold: USD weakness supports bullish momentum; break above resistance could trigger ATH levels.
✔ Stock Markets: Lower USD & interest rate expectations may provide short-term support.
✔ Forex: EUR, GBP, and JPY may strengthen further if USD continues to struggle.
⚡ Conclusion
📌 PPI data will be a key market mover tonight. Traders should watch USD reaction closely for signals on gold’s next direction.
📌 Volatility is expected – ensure risk management with proper TP/SL levels.
💬 How do you think PPI will impact USD & Gold? Drop your thoughts below! 🚀🔥
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
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.
⚜️ Trade with Money Market Flow, logic, Price action 📉📈
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
⚜️Risk Reward 1.3 to 2.5...
⚜️Daily 7 to 15 Signals Vip
Related publications
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.