https://www.tradingview.com/chart/7f60QOOI/
CHARACTER – gold has character among all trading assets, given the last bull rally , gold has fall considerably and looking to fall more but before this it has to go bit higher and technicalities giving the reason to think so about gold like this
d- gold is at important day level previously from here given a bounce
h4- in this timeframe gold created a support and also sweep’s highs for one time and all i can see institutional footprint right now the kind of structure in this timeframe
h1- seems going to be in the direction of h1 and follows the order of h4
fundamental reason: after stating strong in fomc,I found the last cpi quite contradictory
last cpi data shows that us has ease the pressure of inflation and if it is as it is then there are no chances of rate hike …and it even seems on the contrary side