XAU/USD Sell setup

١٢ يناير ٢٠٢٢

As I posted in my previous post on Gold, price has retraced to the H4 order block and broke structure on M115. I'm expecting price to sell off to $ 1770. Keep in mind that the CPI data today can influence this bias. Generally, a higher than expected CPI reading will push the price to Gold upwards. Good luck!