[Tuesday, July 14 – Trading Strategy Reference for European and U.S. Sessions]
① Consider initiating a short position on the first intraday test of 4042 (±5);
② If price retests 4000 (±5), consider going long once (prior to data release)
③ Pay close attention to the CPI data release later tonight; if the data triggers a decline that breaks below 3980, it could accelerate further downward toward 3940–50;
④ If the CPI data comes in significantly weaker than expected tonight, gold prices could see a short-term rally; a breakout above 4040 may accelerate gains toward 4070–80, and holding firmly above 4040 could lead to another short-term surge at any moment.
[This analysis reflects Xiao Jiu’s personal view only, provided for reference purposes and not as investment advice. If you find it helpful, please follow for daily strategy updates.] $XAU/USD (XAUUSD.CFD)$$USD/XAU (USDXAU.CFD)$
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