Total Quality
Score
If You Had Traded on This Analysis…
Correct

XAUUSD
Long Entry
3,348.9000
2025-08-12
09:00 UTC
Target
3,380.0000
In 60 Minutes
Fail
3,340.0000
Risk/Reward
1 : 3
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Final PnL
0.93%
P/L: —
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The analyst discusses the gold market (XAUUSD) and its potential movements considering the upcoming CPI news. Yesterday there was a good amount of selling pressure. Key support and resistance levels are identified. The 3360-55 level is now acting as resistance. The market has tested the resistance 4 to 5 times and might test the selling opportunities around 3365-68 and 3380 and market may also take support at 3343-41. The analyst suggests limited trading opportunities due to the CPI. Day traders should aim for 40 to 60 pips and avoid holding positions. The price of 3340 is a key level, and if it breaks, caution is advised due to temporary movements before the news. High selling pressure below 3340 presents a selling opportunity but if the market breaks the 3340 support, exercise caution.