GOLD UPDATE 💸

Following the publication of the #CPI data, gold initially reacted downwards but managed to recover quickly. The limited impact of the data can be interpreted as a favorable sign for the metal. In the short term, gold's structure has shifted to bullish, with possible targets in the 4480–4500 zone. For now, it would be prudent to reduce sell trades and wait for a pullback before considering new buy positions. Due to the rapid price advance, we will be watching two important support zones: • 4330–4340 as immediate support. • 4290–4300 as a lower support zone. Although the general scenario remains bullish, a correction during the US session cannot be ruled out. The most important thing will be to wait for confirmations and avoid entering the market impulsively. Trade with caution, manage risk correctly, and remember to follow the trend.