🚨 Pay close attention to USD and gold tonight with a series of US inflation data releases at 12:30 PM (GMT) ( 5 more minutes)
🔸 The Fed Chair Nomination Vote has been provisionally approved → the market sees this as a signal of the Federal Reserve maintaining policy stability.
🔸 Core PPI m/m (April) Forecast: 0.3% | Previous: 0.1% → If it comes out higher than forecast, the USD could strengthen due to increased inflationary pressure.
🔸 PPI m/m (April) Forecast: 0.5% | Previous: 0.5%
→ This is an index measuring inflation from the manufacturing side, which significantly impacts expectations for the Fed's interest rates.
Overall: The market is likely to be very volatile tonight, especially gold and USD pairs. Remember to manage your capital carefully and avoid FOMO before the data releases. It's safer to wait for confirmation before entering 💪
🌐Market Structure Price is currently consolidating above the 4660 - 4645 demand zone, while multiple nearby FVGs suggest short-term inefficiencies still remain within the structure.
The current phase reflects a market at a critical decision point between: continuation of the bullish trend, or a deeper corrective move toward lower demand.
🔖Key Levels 🔴Resistance Zone: 4760 - 4770 → Primary supply zone 4825 - 4840 → Higher-timeframe supply zone
🔵Support Zone: 4660 - 4645 → Immediate demand and structure support 4520 - 4505 → Major higher-timeframe demand zone
💢🏳️🌈💬⚡️ Google is in talks with Elon Musk’s SpaceX for a rocket launch deal related to Google’s plans to develop orbital data centers in space.
The proposed partnership would support Project Suncatcher, an initiative to put computing infrastructure in orbit using prototype satellites expected to launch by 2027 in partnership with Planet Labs, the Wall Street Journal (WSJ) reported.
SpaceX sees orbital data centers as a major future business area and has already applied to launch up to a million satellites for the concept. Google currently owns about 6.1% of SpaceX and also has representation on the company’s board of directors.
The orbital systems would rely on solar power in space to avoid the limitations of Earth and ground-based energy, and Google is also said to be in talks with additional launch providers.
Gold is currently pulling back after reacting from the short-term supply zone, but overall structure still remains constructive as long as buyers defend the breakout area around 4660 - 4645.
Right now, the market is entering an important decision point. This next reaction will likely determine whether gold continues expanding higher toward premium supply, or loses momentum and rotates deeper into demand.
🌐Current Structure Bullish impulsive move created multiple imbalance zones below Price rejected from near-term supply and started retracing Current move looks like a potential breakout retest Buyers still maintain structure while price holds above 4645
The retracement itself is healthy for the trend - the key is whether demand reacts strongly again.
🔖Key Zones To Watch 🔴Reaction Level: 4715 🔴Supply Zone: 4755 - 4765 🔴Major Supply Zone: 4825 - 4840 🔵Breakout / Demand Zone: 4660 - 4645 🔵Lower Demand Zones 4560 - 4545 → first major demand 4520 - 4505 → deeper HTF demand and liquidity zone
📊Scenarios Bullish Continuation Price holds above 4645 Forms bullish reaction from demand Targets: 4715 - 4760 - 4825
Bearish Scenario Breakdown below 4645 Failed breakout retest Momentum shifts lower into deeper demand zones Targets: 4560 - 4520
🇺🇸🇮🇷 Al Jazeera: The US president's initial reaction to Iran's proposal did not completely close the door to negotiations. However, it simultaneously reinforced the options for a military confrontation that Washington and Tehran sought to avoid.
Entry Sell : 4685 - 4687 Stop Loss : 4692 🏆 TP1: 4678 🏆 TP2: 4668 🏆 TP3: 4658 🛫 The price range is within the supply zone, where a price reaction is likely to occur.
🛫 The imbalance indicates that sellers are dominant here. Focus on the trendline to confirm the price reversal. The gap shows that the price is testing and will be filled. A positive price reaction is expected when the price fills this gap.
Tuesday (May 12) - 7:30 PM: INFLATION (CPI) This is the "final boss" of the week. Core CPI and CPI year-on-year will determine the long-term direction of the USD. If the data is higher than forecast, gold will face intense selling pressure. Traders should avoid holding positions on this news unless they have a good position.
Wednesday (May 13) - 7:30 PM: PPI INDEX This news complements the CPI. It shows inflationary pressure from producers. The market often experiences intense liquidity sweeps before a main trend is established.
Thursday (May 14th) - 7:30 PM: RETAIL SALES A measure of US consumer spending strength. If people continue to spend strongly, the scenario of the Fed keeping interest rates high will become even more apparent, negatively impacting the upward trend of gold.
My advice to you: Never place an order the very first second after news comes out. Wait about 5-15 minutes for the market to absorb the news, for the H1 or M15 structure to clearly confirm it, and then pull the trigger according to the plan I've drawn.
ITS MONDAY AND AURIC IS BACK TO THE MARKET GUYSS ❤️ Looking back at Friday night's chart on Monday morning, I'm still feeling great, guys. From the retest breakout to the strong bearish plunge straight to the demand zone... Gold followed my plan perfectly, not deviating a single millimeter.
Seeing the price react so precisely at key levels, I'm extremely satisfied because our vision and discipline have been rewarded with profit. This is the essence of Auricverse: No guesswork, only trading based on market structure and confirmation.
On this journey, I not only want you guys to reap pips, but also to develop your ability to read the market makers, so that every trade is executed with confidence. Your trust and thanks after that incredible plunge are the motivation for me to continue contributing, analyzing the sharpest liquidity and order block zones for this week.
It's Monday, my computer is fully charged, and the setup is ready on the table. Are you guys ready to join me in "hunting" for more top-tier Full TP hits? Drop a 🔥 for Friday's plan to go beyond the "textbook"
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Entry Buy : 4719 - 4717 Stop Loss : 4712 🏆 TP1: 4726 🏆 TP2: 4736 🏆 TP3: 4746 🛫The price zone is located within a breakout area where resistance has become a protection zone after being broken through and surpassed. The market structure consistently retests the breakout zone and reacts positively.
🛫Several imbalances have formed here due to the sudden surge in news. A price reaction is expected upon reaching this zone.
♦️ Explanations of our Foreign Minister after his visit to China
🔹 Seyyed Abbas Araghchi, Foreign Minister of the Islamic Republic of Iran, wrote in a message on X after his visit to China: I had a constructive meeting with Mr. Wang Yi, Foreign Minister of China, in Beijing. 🔹 The two sides once again emphasized Iran's right to exercise sovereignty and national dignity. 🔹 The Iranian side appreciated China's proposal of the four-point approach to maintain and strengthen peace and stability in the region. 🔹 Iran trusts China and hopes that it will continue to play its active role in promoting peace and ending the conflict, and also support the formation of a new framework for the post-war era in the region that can balance development and security. @Craypto New
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