Today's gold analysis

The daily chart was bullish.

Both the MA and the candles are messy, so it’s in a range, but as long as the starting point of the bullish move around 4702 is not broken to the downside, the outlook remains bullish.

【Perspective】

1 hourThe price is in a PO state and above the 75MA, so for now the outlook is bullish.

Until it falls below the horizontal line near the rising start around 4733, the outlook is up, but currently it is retracing from the WT neck line around 4795.

The 4-hour chart shows the rise being halted near the 200 EMA, so if you’re considering a short, I think this area could be it.

【Buying Scenario】

Long on the move around 4733 + around 1 hour 75.

【Selling Scenario】

Short when you confirm that the 1-hour outside starting point at 4795 is not broken, or when you confirm that the 4-hour outside starting point near 4827 is not broken.

【Defensive Lines for Selling】

4827

4795

【Defensive Lines for Buying】

4733

4702

4611

【Economic Indicators】

U.S. CPI ⭐︎⭐︎