Market Reaction, US PPI Shakes Things Up
The US PPI came in hotter at 3.3%, stoking fresh inflation worries and raising the odds that the Fed could keep rates higher for longer. Markets didn’t like it, stocks and crypto saw a quick pullback as traders adjusted for tighter monetary conditions.
Short-term, expect choppy price action and liquidity hunts before a clearer trend forms. If risk-off sentiment deepens, gold may shine as the go-to safe haven.
Gold (XAUUSD) Trade Setup
🔹 Buy Zone: 1915 – 1925
Targets: 1940 → 1955 → 1970
Stop Loss: 1905
Key Level: 1920
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