AddisFx

🇺🇸 US CPI — Key Event Today 🕧 12:30 GMT — Wednesday, August 12 The US July CPI report is the major market-moving event today. It is scheduled for 12:30 GMT, with markets closely watching whether inflation is cooling or remaining sticky. Core CPI m/m Forecast: 0.2% | Previous: 0.0% Core CPI y/y Forecast: 2.5% | Previous: 2.6% CPI m/m Forecast: 0.1% | Previous: -0.4% CPI y/y Forecast: 3.4% | Previous: 3.5% ⚡ Key Reaction Guide Actual > Forecast → USD strengthens 📈 → Gold bearish 📉 Actual < Forecast → USD weakens 📉 → Gold bullish 📈 The Core CPI deserves particular attention, as a hotter-than-expected reading could reinforce expectations for a more cautious Fed, while softer inflation could support expectations for easier policy and put pressure on the USD.

📌 Market Update – August 12 XAUUSD/M15 ➤ Gold remains within its broader ascending price channel. However, following the latest recovery, price has formed a new Lower High around 4416, suggesting that short-term bullish momentum is weakening and selling…

📌 Market Update – August 12 XAUUSD/M15 ➤ Gold remains within its broader ascending price channel. However, following the latest recovery, price has formed a new Lower High around 4416, suggesting that short-term bullish momentum is weakening and selling pressure could return. 🎯 Today’s Scenario Current Market Structure: - Range High: 4416 - First Corrective Target: 4390–4385 - Extended Target: 4360 ➤ As long as price fails to reclaim 4416, the preferred scenario remains a corrective move back toward 4390–4385, the nearest key support area to monitor for buyer reaction. ➤ If 4390–4385 fails to hold, selling pressure could extend further during the London and New York sessions, bringing price toward 4360, near the lower boundary of the current ascending channel. ➤ Expected Corrective Range: 4390 → 4360 📌 For now, the focus remains on the reaction around 4416. As long as this Lower High holds, the short-term bias favors a correction toward 4390, with potential extension toward 4360.

Trade Setup XAU/USD Sell 4370 - 4373 Stoploss :  4376 - Take Profit : 4365 ( 70pips ) - Take Profit : 4342 (180pips )

Trade Setup XAU/USD Sell 4370 - 4373 Stoploss :  4376 - Take Profit : 4365 ( 70pips ) - Take Profit : 4342 (180pips )

Trade Setup XAU/USD Sell 4370 - 4373 Stoploss :  4376 - Take Profit : 4365 ( 70pips ) - Take Profit : 4342 (180pips )

Trade Setup XAU/USD Sell 4363 - 4365 Stoploss :  4369 - Take Profit : 4358 ( 70pips ) - Take Profit : 4342 (180pips )

Trade Setup XAU/USD Sell 4370 - 4373 Stoploss :  4376 - Take Profit : 4365 ( 70pips ) - Take Profit : 4342 (180pips )

Trade Setup XAU/USD Sell 4363 - 4365 Stoploss :  4369 - Take Profit : 4358 ( 70pips ) - Take Profit : 4342 (180pips )

Good morning Addis fam here’s our first trade of the day

Addis fam are we ready for tomorrow’s market?

NON-FARM PAYROLLS ALERT: 15 MINUTES TO GO! In approximately 15 minutes, the U.S. will release the highly anticipated Non-Farm Payrolls (NFP) report, along with other key labor market data. This is one of the most market-moving economic releases for USD and GOLD, so we could see significant volatility immediately after the announcement. ⚠️ Stay focused on risk management, avoid FOMO, and avoid entering trades during extreme volatility. I’ll closely monitor the market reaction after NFP and update everyone once a clear trading setup appears.

XAUUSD ➤ Following a powerful Bullish Expansion, gold has established a new Swing High around 4303, confirming that the higher-timeframe bullish trend remains firmly intact. 🎯 Today's Scenario _Current Market Structure:_ - Range High: 4288 - 0.382 Fibonacci…

XAUUSD ➤ Following a powerful Bullish Expansion, gold has established a new Swing High around 4303, confirming that the higher-timeframe bullish trend remains firmly intact. 🎯 Today's Scenario _Current Market Structure:_ - Range High: 4288 - 0.382 Fibonacci Retracement: 4215 After such a strong rally, the market is likely to slow down over the next 1–2 days and enter a period of consolidation as it absorbs recent profit-taking. ➤ The preferred scenario is for price to trade sideways within the 4215–4288 range, potentially developing a Wyckoff distribution range before the next major directional move. ➤ The 4215 area also aligns with the 0.382 Fibonacci Retracement, making it a key support level to watch. As long as buyers continue defending this zone, the broader bullish structure remains intact. **➤ Expected Trading Range: 4215 – 4288 📌 For now, the preferred approach is to trade within the range rather than expect another immediate bullish expansion. Stay patient and wait for price to react at the 4215 and 4288 boundaries before looking for the next high-probability trading opportunity.

TP1 HIT 4196 Sell entry 4204: +80pips 🔥 Sell entry 4203: +70pips🔥 My analysis ➤ Price is approaching a significant buy-side liquidity pool above the recent highs. A liquidity sweep around 4204 could complete the buy-side liquidity grab before a technical…

XAU/USD Sell 4204 - 4207 Stoploss :  4210 - Take Profit : 4199 ( 70pips ) - Take Profit : 4176 (180pips )

XAU/USD Sell 4204 - 4207 Stoploss :  4210 - Take Profit : 4199 ( 70pips ) - Take Profit : 4176 (180pips )

XAU/USD Sell 4204 - 4207 Stoploss :  4210 - Take Profit : 4199 ( 70pips ) - Take Profit : 4176 (180pips )

Addis fam are we ready for the first setup of the day? 🔥🔥

Market Update August 4th XAUUSD/H1 ➤ Following two liquidity sweeps around the 4020 area, gold has formed a Higher Low, suggesting that selling pressure is gradually weakening while buyers are beginning to regain short-term control. - Price is now retesting the 4069–4075 Range High, a key resistance zone that will likely determine the market's next move. 🎯 Today's Scenario ➤ Current Market Structure: - Range Low: 4045 – 4050 - Range High: 4069 – 4075 As long as price continues to hold above the 4045–4050 support zone, the short-term bullish structure remains intact, allowing the market to continue challenging the 4069–4075 Range High. ➤ A confirmed breakout above the Range High could trigger further bullish expansion toward the 4105 M30 Supply Zone, which is the next major upside target. - Bullish Breakout: Above 4078 - Bullish Target Zone: 4105 (M30 Supply Zone) 📌 The preferred strategy is to wait for a confirmed breakout above the 4069–4075 resistance zone rather than chasing price below resistance. Once the breakout is confirmed, the probability of an extension toward 4105 increases significantly.